With the significant increase in the personal exemption for federal estate tax (albeit temporary), many folks believe that they no longer need a will. That couldn’t be further from the truth: there are a lots of non-tax reasons to have a will (I just rolled back in from Center City with three of them: my kids). I had the opportunity to chat with Ashlea Ebeling of Forbes about this very thing. You can read her interview here.
It’s finally springtime here in Philadelphia. The birds are singing, the flowers are blooming and (cough, cough) the pollen levels are crazy. And with springtime, my schedule picks up. In fact, there’s a lot happening here these days. You’ve probably noticed that the blog is a little sparse. I’ve gotten your notes about what’s happening,…
I’m sitting on my parents’ deck this morning, listening to the wind chimes. It’s an odd moment of quiet in the chaos that is my life. I thought I’d take a second and bang out something witty and deep about home and family and Father’s Day. But I just kept coming back to this piece…
Our first presidential candidate to be featured in our series of interviews is Tommy Thompson, a Republican and former Governor of Wisconsin. Here are his unedited answers to my six questions: 1. What’s the single most important tax issue facing Americans today? The growing threat of the AMT to the middle class is the most…
The Lillian Glasser case, as previously blogged about, raises some interesting issues not only about jurisdiction and fiduciary responsibility but a more personal question as to whether a child has the right to visit and provide input about the care of a parent. Ms. Glasser’s case is not unusual. It has attracted media attention, no…
Taxpayer asks: Can you tell me what the tax implications are for donating inherited items? My mother passed away about a year ago and I’m the executor of the estate. Now, my siblings are interested in taking deductions for items they feel they “inherited,” yet were actually immediately donated to charity without my siblings ever…
I had the great pleasure of being twitterviewed for the web site, 22tweets. 22tweets is defined as: live Twitter interviews with practicing lawyers who tweet a forum where lawyers tell their stories, one tweet at a time the hottest new mash-up on Twitter And you know I tweet. And apparently, I have a story to…