Newsletter – June 1, 2013

N E W S L E T T E R   June 1, 2013 Re:  Wills, Trusts, Estate Administration, Corporate and Asset Protection Legal Matters   Dear Client/Professional: This letter is intended to provide you with an update of some of the types of work my clients and I are undertaking at the current time in case you or your clients have similar issues: 1.  The new tax laws allow individuals to gift or leave at death $5.25 million as an individual, $10.5 million as a couple. As a result of this new law many larger wealth clients are exercising their ability to make large gifts now in a sophisticated way so they can continue to control the assets. Married couples with less than $10.5 million are doing away with their two separate revocable trusts and using one joint revocable trust for simplicity purposes. This issue needs to be closely Continue reading