Author: Guy Morrison WalkerPublisher:
ISBN:
Category :
Languages : en
Pages : 8
Book Description
Income Taxes and The Hand of Death ...
Author: Guy Morrison WalkerAvoiding Death Taxes
Author: Raymond SaundersPublisher: Createspace Independent Publishing Platform
ISBN: 9781502780676
Category :
Languages : en
Pages : 74
Book Description
There is a great tug-of-war between you, as the taxpayer, and the federal and state governments over the division of your wealth upon your death. This tug-of-war can be a high-stakes game -- the combination of income taxes and death taxes can claim about 75% of your accumulated earnings that exceed the available lifetime exemptions. This book, Avoiding Death Taxes, will provide you with a multitude of strategies to significantly reduce these taxes and their impact on your spouse and family. The authors are four attorneys who together have more than 120 years of experience in assisting taxpayers. In Avoiding Death Taxes, they present in layman's terms a host of practical suggestions and proven techniques that will assist you to pass your accumulated wealth to your heirs instead of the federal and state governments. You may not be able to change the confiscatory prevailing rates of taxation, but the laws have left you with various routes that you can follow to avoid death taxes and preserve your family's wealth.
The Nineteenth Century and After
Author: Nineteenth Century and After
Author: Publisher:
ISBN:
Category : English periodicals
Languages : en
Pages : 1170
Book Description
Twentieth Century
Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 1132
Book Description
The Nineteenth century and after (London)
Nineteenth Century
Author: Nineteenth Century, a Monthly Review
Author: Publisher:
ISBN:
Category : English periodicals
Languages : en
Pages : 1128
Book Description
Self-employment Tax
Author: Taxation at Death
Author: Grace ChowDeath by a Thousand Cuts
Author: Angela M. VallarioPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This article suggests the policy and social justifications against dead hand control far outweigh transfer tax advantages provided to wealthy settlors and the potential revenue expected to be generated by the abolishment legislation. The abolishment legislation may be readily adopted by other jurisdictions in light of the legislatures' failure to recognize the consequences of unlimited dead hand control. This article recognizes that the Rule is complicated, and Rule violations present harsh consequences for practitioners and their clients. In fact, violations of the Rule, due to its complexity, have been held as an attorney error, not subject to a malpractice claim. The complexities of the Rule and the harsh consequences for the violations thereof, initiated and resulted in the variations of reform. A brief discussion of the origin of the Rule, basic elements and the modern reform, are useful for a fuller understanding of this article's critique of the abolishment legislation. After the brief discussion of the Rule and reform, this article categorizes the abolishment legislation as the 1998 abolishment legislation; the additional-incentive jurisdictions and the forerunners of abolishment. After categorizing the abolishment legislation, this article compares the arguments against the abolishment legislation to its advantages. Furthermore, this article emphasizes that the abolishment legislation has ignored dead hand control in favor of providing wealthy settlors with an estate planning tool to minimize federal transfer taxes. In conclusion, this article suggests that in light of the consequences of dead hand control the abolishment legislation should be stopped. Failure to stop the trend among jurisdictions could result in the Federal government curtailing dead hand control.