Leslie’s best bloopers

by Trust Counsel | Dec 20, 2019 | Asset Protection, Business Succession, Gift Tax, High Net Worth, Videos

😂😂 For your viewing pleasure here are some of my best bloopers! 😂😂 I mean really now, who wants to watch anything on estate planning!? How boring, right? 😴😴 Not to mention – we aren’t exactly trained in the...

Yes, You Must Report Your Foreign Inheritance

by Leslie Marenco | Feb 10, 2017 | Articles, Gift Tax, Inheritance, IRS, Uncategorized

If you are a citizen or permanent resident, you must report all income to the IRS annually even if it’s taxed somewhere else. Also, unless you have been living under a rock you should KNOW that you must report your foreign bank accounts.  There’s been so...

When A Spouse Suddenly Dies: Lessons From the Death of Sheryl Sandberg’s Husband, Dave Goldberg

by Leslie Marenco | May 15, 2015 | Articles, 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...

Family Loans Must Be Made Properly to Avoid Tax Repercussions

by Leslie Marenco | Apr 10, 2015 | Articles, 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...

Debunking 4 Common Myths About Gift Taxes

by Leslie Marenco | Apr 10, 2015 | Articles, Gift Tax, Income Tax, IRS

April 15 is not only the deadline for filing your state and federal income tax returns, but also the deadline for filing gift tax returns via IRS Form 709. Many people are confused about the subject of gift taxes.  While only two states — Connecticut and...

2015 Important Tax Dates

by Leslie Marenco | Feb 3, 2015 | Articles, Estate Tax, Gift Tax, Income Tax, IRS

  SORRY FOLKS! No interesting or exciting article this time!    However, if you don’t procrastinate and get this done now, you will thank me later!   January 15, 2015 – Deadline to pay the fourth quarter estimated tax payment for the year...