Tag Archives: estate taxes
Willpower – or lack thereof
A recent survey showed that a surprisingly high 72% of Americans do not have an up-to-date will. Via an ABNewsWire article which summarized the results: “A Google Consumer survey by USLegalWills.com suggests that previous surveys may have under-reported the number of Americans without a Will, by not including those who have a Will that is […]
Where there’s a Will, there’s a Plan – Estate Planning
Estate Planning for Everyone Where there’s a Will, there’s a Plan (and if there isn’t a will, there’s still a plan, but it might not be what you want) (Okay, the title is just being silly — as you’ll see below, it’s about a lot more than just a will.) First a few myths that […]
Ultra-Short Summary of American Taxpayer Relief Act of 2012 (HR8 as amended by the Senate)
American Taxpayer Relief Act of 2012 (HR8 as amended by the Senate) The first two items below directly affect nearly every taxpayer. The third affects anyone with earned income, and the fourth affects every married couple. The rest are much narrower in scope (ie. highest income folks, large estates, etc): All Bush-era tax rates made […]
BusinessWeek: 10 Strategies used by the ultra wealthy to avoid taxes
For all the silly bluster about the “Buffett rule” in Congress, the fact is that the vast majority of folks who earn a lot do pay a lot in taxes. And the very well known exceptions – such as Buffett himself claiming to pay a lower tax rate than his secretary – are due to […]
Meyers Wealth Management 