Wealth Planning Alert

Crystal Ball Gazing for the Federal Estate and Gift Tax After 2020 – Should I Act Now?

September 18, 2020 By Jacob Kaplan and Margaret Scott

Death and taxes may be certainties, but the fate of the estate and gift tax after this election is far from it. Our Wealth Planning Team asks the questions that need asking to help you decide how to plan for the future. How can you cut through the noise and make the right decision?Will the exemptions survive the 2020 elections?Is now the time to act? Read the full advisory here. [...]Read more

A Two-Minute Self-Examination Concerning Your Estate Planning

December 16, 2014 By Alston & Bird Wealth Planning Group

Is it time to revisit your estate plan? Our Wealth Planning Group asks 10 questions to help you decide.

This advisory is provided on the Alston & Bird website: www.alston.com/advisories/two-minute-checklist

Wealth Planning Alert: Taking Advantage of Tax Exemptions Before They May Expire on December 31, 2012

September 27, 2012 By Jasper L. (Jack) Cummings, Jr. and Edward Tanenbaum

Attached is a link to a recently prepared Wealth Planning Alert titled “Taking Advantage of Tax Exemptions Before They May Expire on December 31, 2012.”
The 2010 federal estate and gift tax law provided good news for wealthy taxpayers: a lower maximum tax rate of 35%; estate, gift, and generation-skipping transfer tax exemptions of $5 million ($10 million for a married couple); and estate and gift tax “exemption portability,” which allows a surviving spouse to increase his or her own lifetime exemption by the exemption a predeceased spouse never used. However, these favorable [...]Read more