"Where Fillmore County News Comes First"
Online Edition
Thursday, May 23rd, 2013
Volume ∞ Issue ∞
- 11:44:26, May 21st 2013 - airmaxs52274 - Have you ever thought about adding a little bit more than just your a ... [Read More]
- 5:56:33, May 18th 2013 - modgudur - I guess the child is anti-gun control since Obama went to all that trouble ... [Read More]
- 9:27:41, May 16th 2013 - caal girl - Nice outfit on you. I loved some of the dresses but am holding my breath ... [Read More]
- 2:03:34, May 14th 2013 - - Thanks for sharing the trip with us! ... [Read More]
- 4:12:01, May 9th 2013 - Amanda Ziebell - Wow! Thanks to the Fillmore County Journal for this kind story. For a ... [Read More]
- 11:47:30, May 7th 2013 - EW - ramble.....ramble.....ramble..... ... [Read More]
- 10:25:25, May 7th 2013 - Thunder6 - Great article! I love to see the Youth of Fillmore County receiveing acco ... [Read More]
- 6:52:10, May 6th 2013 - Jason Sethre, Publisher of Fillmore County Journal & Olmsted County Journal - Maryh, ... [Read More]
- 7:29:56, May 5th 2013 - maryh - Where are OCJ's available for pickup...other than at the new office? ... [Read More]
- 2:41:47, May 3rd 2013 - Remark1976 - Mrs. Buckbee, I just looked up Senate File 796 and in it there are said p ... [Read More]
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How will you keep your kids busy this summer vacation?
Does the “fiscal cliff” affect my estate plan?
Fri, Dec 28th, 2012
Posted in All Ask the Expert
Posted in All Ask the Expert
Comments
Yes! Whenever state or federal tax law changes, you should review your estate plan to insure that it takes complete advantage of your exemption limits and doesn’t cause you to suffer any penalties. Most estate planning documents take into account the transient nature of our estate tax exemption limit, but some estate plans that were tailored for the previous limits may have a number of unnecessary provisions, or, more likely, are lacking necessary provisions, depending upon the size of your estate.
Other times when it is advisable to review your estate plan is upon the birth of a child, the death of a spouse, child, or other loved-one, upon marriage or divorce, when you inherit property, if you buy or sell a business, when you retire, if you buy property in another state, or if you move to a new state.
Whenever, as now, the estate tax laws change, you should have a knowledgeable attorney review your plan.
Other times when it is advisable to review your estate plan is upon the birth of a child, the death of a spouse, child, or other loved-one, upon marriage or divorce, when you inherit property, if you buy or sell a business, when you retire, if you buy property in another state, or if you move to a new state.
Whenever, as now, the estate tax laws change, you should have a knowledgeable attorney review your plan.
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