In May, the Biden administration released its Green Book containing the President’s policy and revenue proposals. The proposals include many changes, but the most significant includes the loss of a step up in basis and the increase to the capital gains tax. The...
Many families live apart and rely on travel to visit and maintain relationships. As parents and grandparents age, this distance creates some unique challenges when those loved ones require more care. We work with many families with this dynamic and these strategies...
What Is the Difference Between a Will and a Trust? Wealth & Estate Planning Partner Erika Apelis discusses one of the most commonly misunderstood estate planning topics: the difference between a Will and a Trust. As she frequently...
As cryptocurrency becomes more mainstream, it is critical to have a plan in place for these assets. More and more frequently, we hear stories of crypto millionaires and billionaires and celebrities endorsing crypto. We also hear stories of individuals with millions or...
A great degree of uncertainty surrounds proposed tax policy changes expected from the Biden administration. However, during the 2020 campaign, President Biden provided some insights on his tax legislative agenda from which to approach this uncertainty through...
WebinarPresented: March 18th, 2021 KJK's Kevin Lenhard, Demetrius Robinson and Huntington Private Bank's Stephanie Kormanec discuss estate and tax planning in 2021. About this Event Most estate plans have been designed to minimize estate tax, and a change in the law...
Due to reductions in personnel being physically located at IRS Service Centers, review of tax filings and the associated responses and information normally provided by the IRS are severely delayed. This is certainly true for any taxpayer who filed an estate tax return...
Despite the unpredictability of last year, 2021 may be the best opportunity to finalize or revise your estate plan. Estate planning involves outlining your wishes for your assets and responsibilities in case of incapacity or death. This plan involves anything you own...
In an interview last week on CNBC, U.S. Treasury Secretary Janet Yellen said that tax increases would be needed to pay for at least part of a large infrastructure, climate and education investment package that President Joe Biden plans to introduce later this year....
The eyes of the political world were squarely on Georgia on Tuesday, January 5th for the runoff elections for both of Georgia’s U.S. Senate seats. At stake was control of the Senate and, consequently, President-elect Joe Biden's ability to move his policy agenda...