This Week’s Reading

By Julia Neumann | February 11, 2011

New §736.0505(3) Assures Tax/Asset Protection of Inter Vivos QTIP Trusts By: Barry A. Nelson and Richard R. Gans The Florida Bar Journal, December, 2010 The Gathering Storm: Tax and Spending Implications of the Federal Deficit Crisis By: Tax Policy Group Deloitte, February, 2011 Roth IRA Conversions as an Asset Protection Strategy: Does it Always Work?…

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Tax Tips for Agribusiness

By Julia Neumann | February 3, 2011

On December 17, 2010, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (the “2010 Act”), which extended the so-called “Bush Tax Cuts” through 2012, thereby maintaining the current federal income tax rates, capital gain rates and dividend rates through 2012. In addition, the 2010 Act contained the following…

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Tax Relief Act of 2010

By Julia Neumann | February 2, 2011

Because the Tax Relief Act of 2010 (the “Act”) is the most significant legislation affecting estate planning since the 2001 Tax Act, we have prepared numerous materials explaining and analyzing the Act. On our website is an outline summarizing the transfer tax provisions of the Act, a video of a seminar we put on explaining…

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Pre-existing Condition Insurance Plan Coverage is Available Now

By Julia Neumann | January 31, 2011

On March 13, 2010, President Obama signed the Patient Protection and Affordable Care Act (“PPACA”) into law. There has been much written about the PPACA (a/k/a “Obamacare”), mostly about the requirement that everyone obtain health insurance or face a penalty. There are, however, a number of provisions in the PPACA that have not received much…

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Proposed Everglades Headwaters National Wildlife Refuge and Conservation Area

By Julia Neumann | January 28, 2011

What is it? This is a proposed land conservation partnership between federal, Tribal, State, and local governments; ranchers and other landowners; non-governmental conservation organizations; and other stakeholders to protect, restore, and conserve approximately 150,000+ acres of environmentally important natural habitat and associated wildlife in Florida. Where is it located? The proposed area is approximately 150,000+…

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Portability of Estate Tax Exemptions: General Rules

By Julia Neumann | January 17, 2011

We waited a long time, many would say too long, for estate tax legislation, and when it arrived in December, 2010, it provided some surprises. Perhaps the most significant surprise is the addition of portability of estate and gift tax exemptions between spouses, which had been included in prior bills but was not anticipated to…

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