Avoid Probate
Tune in and learn some tips on how to possibly avoid Probate in the future!
Probate
What is a Transfer Certificate from the IRS
Transfer Certificates are releases of the Federal estate tax lien on a decedent’s property. They are issued by the Internal Revenue Service (IRS). The estate administrator (personal representative, executor, successor t…
False Hope: U.S. Estate Tax Exemption Increased
The United States Congress enacted tax legislation, ushering in several changes to the wealth transfer tax system, which took effect on January 1, 2018. Under the new law, the federal estate, gift and generation-skippin…
U.S. Estate Planning Checklist for Snowbirds
1. Understand how the U.S. Estate Tax affects your estate.
(Estate) Tax Treaty Relief for Canadians with U.S. Property
So, you’re the Personal Representative of an estate of a deceased Canadian with a vacation home in Florida (or a cottage in Michigan) with a fair market value on the date of death of $400,000 and an account at Bank of Am…
