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February 06, 2012

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Estate Planning News

IRS Plans To Reduce Estate Tax Lawyers

Washington, D.C. - The Internal Revenue Service (IRS) plans to reduce by nearly half the number of tax attorneys assigned to audit estate tax returns. By the end of September 2006, under the Bush Administration’s plan, the IRS will terminate 157 estate tax lawyers and 17 support staff.

Contact our Colorado estate planning attorney now.

Did You Know?

The costs and expenses of a conservatorship are paid by your estate
A CONSERVATORSHIP is if you suffer from an incurable disease or are involved in a debilitating accident and are unable to manage your own affairs, state law might require someone to go to court to have a conservator appointed by the court. The conservator is given the authority to make financial decisions and handle your financial affairs, under court supervision, when you lack the capacity to manage them on your own.

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	Latest news about Financial & Estate Planning in Colorado and nationwide: Estate Planning for Women The fifth in the 2006 series of Wi$e Up Teleconference Calls Friday, June 30, 2006 2:00pm to 3:00pm EDT Register online at dol.go... Read more > Governor Appoints Split Estates Task Force CHEYENNE, Wyo. - Gov. Dave Freudenthal today announced his five appointments to the newly created Split Estate Task Force. The task force is charge... Read more > New Tax Laws Offer NewWays To Save Evaluate your income, find out your tax bracket and seek ways to keep it low HUMBERTO CRUZ Tribune Media Services It was important ... Read more > More Estate Planning News >

Estate Planning Terms

Today's Terms

Transfer Tax

Definition:
The combined Federal Estate and Gift tax. A single exemption credit applies whether the property was transferred during a person's lifetime (gift tax) or is held by a person at the time of his/her death (estate tax).

Decedent

Definition:
A person who has died.

Devise

Definition:
A gift made by a will or a trust. A devise is made to a beneficiary under the terms of the will or trust.

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Estate Planning Resources

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Estate Planning Hot Topics

Topics Related to Estate Planning:

Trusts
Wills
Uniform Probate Code
Gift Tax

Colorado Estate-Planning Attorney

If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

Arvada
Aurora
Boulder
Brighton
Broomfield
Canon City
Castle Rock
Colorado Springs
Commerce City
Denver
Durango
Englewood
Evergreen
Fort Collins

Golden
Grand Junction
Greeley
Lafayette
Littleton
Longmont
Louisville
Loveland
Montrose
Parker
Pueblo
Westminster
Wheat Ridge

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