Posts Tagged ‘Estate’

Harry Belafonte Settles Claim Against MLK Estate

April 11, 2014: Lawyers for singer and activist Harry Belafonte and those representing the estate of civil rights leader Dr. Martin Luther King Jr. announced that an agreement has been made that will allow Belafonte to retain ownership of three documents written by Dr. King. The documents were reportedly given to him by Dr. King,…

Read More

New IRS Tax Laws Increase Many Trusts' Tax Bills

We recently discussed changes proposed in President Obama’s 2015 budget that would modify Estate and Gift Tax provisions established in the American Taxpayer Relief Act or ATRA, which was passed by Congress in 2013. The proposal, which would take effect in 2018, would restore the Estate, Gift, and Generation-Skipping Transfer (GST) tax rates and parameters…

Read More

Exploring Myths & Misconceptions About Wills and Trusts

As much as we try to simplify the process for you, it can be difficult to sort through all the confusion about estate planning documents and the probate process. In an article posted on TCPalm.com, Florida Trust Attorney Robert D. Schwartz provides an insightful explanation of common misconceptions about wills and trusts. According to Schwartz,…

Read More

New Mississippi Bill to Allow Dynasty Trusts for First Time

The Jackson (MS) Clarion Ledger reported last week that a bill before the state Senate would allow the establishment of “Dynasty Trusts” designed to avoid or minimize estate taxes for the first time. The bill has already passed through the House.1 House Bill 891 has to be approved by the full Senate for the bill…

Read More

New Mississippi Bill to Allow Dynasty Trusts for First Time

The Jackson (MS) Clarion Ledger reported last week that a bill before the state Senate would allow the establishment of “Dynasty Trusts” designed to avoid or minimize estate taxes for the first time. The bill has already passed through the House.1 House Bill 891 has to be approved by the full Senate for the bill…

Read More