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The team at Galbraith Law is pleased to announce that Attorney Greg Herman-Giddens has joined the firm serving their Naples, FL and Chapel Hill, NC offices in the areas of estate planning and trust…

On March 25, 2021 Senate Budget Committee Chairman Bernie Sanders (I-VT), held a hearing in which proposed tax legislation, titled “For the 99.5% Act”, was outlined.  This bill, while not law, is a…

The Federal Estate and Gift Tax Exemption could be slashed from $11.5 Million to as low as $3.5 million effective as soon as January 1, 2021. Planning now can help you lock in the current exemption…

The Federal Estate And Gift Tax Exemption could be slashed from $11.5 Million to as low as $3.5 million and effective as soon as January 1, 2021. Setting up a Spousal Lifetime Access Trust (SLAT) n…

One of the most common questions people ask when they learn that I am an estate planning attorney with offices in both Indianapolis, Indiana and Naples, Florida is “Are there advantages to becoming…

Gifting assets to family members while you are alive is a great way to avoid estate taxes after you pass away. The IRS, however, also knows this and applies gift taxes to various wealth transfers. …

Should couples move apart to increase tax savings? Although moving to a different state than your spouse might seem like an extreme estate planning strategy, for some married couples the benefits m…

Did you know the economic downturn caused by the COVID-19 public health crisis has created opportunities for large estates to mitigate taxes? While no one would consider a down-market a good thing,…

It is hard to imagine anything good coming from the COVID-19 crisis, or the mass unemployment and economic damage that has resulted from efforts to stop the coronavirus from spreading. Current mark…

The 2020 federal estate and gift tax exemption is $11,580,000, but under the current law, the exemption is slated to revert to the 2017 level of $5,490,000, adjusted for inflation at the end of 202…

Even as each of us are inundated with negative Covid-19 news, there are positives to be found. Many of these positives can directly benefit us, our families, our businesses, and our estate planning…