by Leslie Marenco | Dec 15, 2017 | Estate Planning, Estate Tax, Income Tax, IRS
If you follow the mainstream or social media news, you likely know the new Republican tax bill, which recently passed both the House and Senate, is a potential game changer for tax planning. Known as the “Tax Cuts and Jobs Act,” both houses of Congress passed...
by Leslie Marenco | Feb 10, 2017 | Estate Planning, Estate Tax
Donald Trump has proposed a radical tax reform agenda for his presidency. Part of this reform is his intention to repeal the estate tax. For some people, this will be a considerable change with significant repercussions. But, because more changes to the tax code are...
by Leslie Marenco | Dec 9, 2016 | Estate Planning, Estate Tax, Trusts
If you created an estate plan that includes a living trust, you must review it to determine if it contains language that could create unnecessary cost, effort and stress for your surviving spouse. Back in the day, when the estate tax exemption was $675,000 to...
by Leslie Marenco | Dec 31, 2015 | Celebrity Estates, Estate Tax, High Net Worth, Income Tax, Trusts
Mark Zuckerberg has already changed the world we live in by giving us Facebook. Now he wants to change the world for future generations, too. He and his wife, Dr. Priscilla Chan, recently announced that they would give 99 percent of their Facebook shares, worth more...
by Leslie Marenco | May 15, 2015 | Estate Planning, Estate Tax, Gift Tax, Income Tax, Kids Protection Planning, Trusts
The shock over the death of 47-year-old SurveyMonkey CEO Dave Goldberg, husband of Facebook COO Sheryl Sandberg and the father of two small children, continues to resonate for many reasons. First, he was so young, how could this happen? Second, they are so rich, how...
by Leslie Marenco | Apr 10, 2015 | Estate Planning, Estate Tax, Gift Tax, Income Tax, IRS
The recession made many parents and grandparents into personal bankers, making loans to strapped children or grandchildren to help them cope with unemployment or other financial misfortune. However, family loans need to be prepared properly to avoid tax...
