Reportedly, about 70% of all Americans who live outside the United States have a problem with the country’s taxation scheme.
Perceived need for estate planning haste during an uncertain time
A recent national media piece on estate planning notes the general angst that many individuals across the country feel these days owing to the current health pandemic.
Avoid the gift tax in life and minimize conflict after your death
Parents who want to avoid disputes after their passing have at least one great option that they can use to do prevent them. It's a simple solution: giving gifts while they're still alive.
IRS projecting compliance and a tough enforcement stance
A recent Forbes piece spotlighting the Internal Revenue Service notes news of recent years stressing a progressively weakened tax agency. The IRS is increasingly portrayed as a handcuffed agency featuring a steady reduction of agents/examiners, a decreased audit rate and general unresponsiveness.
Some thoughts on wealth transfer across generations
