Party Like It's 2012! Taking Advantage of Estate Planning and Tax Benefits before Time Runs Out
Date: August 24, 2012
Time: 8:00am - 11:00am
Event Type: Seminar
“2013, party over – oops, out of time!” As professionals in the financial services or insurance industry know, as each day passes, opportunities dwindle for Congress to act to preserve the current $5.12 million federal estate and gift tax exemptions. This has led to months of discussion among such professionals and months of uncertainty for their clients.
There are unique, yet time-sensitive, advantages to creating or updating plans before December 31, 2012. This seminar will address the practical, legal and tax considerations of making gifts this year, including:
The purpose of a donor agreement is to clearly establish that donor is not the child's legal parent.
Letters of Administration? "Interested Persons"? Accounts? Learn about the Maryland Probate Process.
Missteps, such as misclassification of employees and paying workers "salary," can lead to claims.
Get tips for paying accident-related medical bills in Virginia, Maryland and D.C.
The laws are complex and provide for significant penalties for any violations.