The State of Tennessee approved a retroactive repeal of gift tax. The appeal affects all gifts made on or after January 1, 2012. Residents of Tennessee no longer have the liability of a state gift tax.
Gun buy-back programs at police stations offer $50 to $100 payouts for the surrendering of firearms. The programs, held at local police stations around the country, are offered in an effort to keep unnecessary firearms off the streets.
Gun buy-back programs at police stations offer $50 to $100 payouts for the surrendering of firearms. Without gun trusts or other precautions, the transferring of firearms could leave the former owner and the new owner in unintentional criminal violation.
Long-term planning for ourselves and our aging relatives requires careful thought and important decisions, and it's essential to have valid copies of necessary paperwork to ensure proper care. Chapel Hill elder law attorneys at TrustCounsel prepared a list of three key documents essential to any estate plan, particularly those that involve caregivers.
I was returning from a WealthCounsel'Planning for the Generations' annual symposium yesterday where I had the opportunity to teach a group of lawyers a bit about firearms law. On the plane ride home, I sat next to a Division President for a regional management company of Homeowner and Condo Associations.
Will the Bush tax cuts expire on December 31, 2012? Will they be extended for all taxpayers or discontinued for top earners? The current estate and gift tax rates are also due to expire. What we have for the next few months is an historic opportunity in estate planning.