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Many Estates Can Save Money By Filing Tax Returns
03/29/2013 2483_wpm_lowres-200x260 A federal estate tax return doesn’t have to be filed every time someone dies. In fact, most estates never have to file one. However, a provision in the new “fiscal cliff” tax law may make it very advantageous to file …
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How The New Federal Tax Law Will Affect Your Estate Planning
03/22/2013 Filing-your-taxes-isnt-as-hard-as-it-seems-200x260 In a big surprise to many people, when Congress passed a law to resolve the “fiscal cliff” in January, it retained the large ($5 million-plus) estate, gift, and generation-skipping transfer tax exemptions that had been available in 2011 and 2012. …
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IRS Cracks Down on Family Gifts of Real Estate
12/13/2012 real-estate-gift-200x260 Amazingly, it appears that most people who have given away real estate to family members in recent years have not filed a gift tax return with the IRS. The IRS requires a gift tax return to be filed any time …
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New Expunction Bill Signed Into Law
08/6/2012 judge-200x260 The legislature has passed a significant bill that will affect those with old convictions that have haunted them for years. North Carolina House Bill 1023 was signed into law by Governor Bev Perdue in July 2012, and will go into …
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Many wills need to be reviewed.
03/14/2012 family-200x260 In the past, many people tried to achieve a similar result – using both spouses’ exemptions – through the use of a trust, sometimes called a “bypass trust.” Typically, when the first spouse died, some of his or her assets …
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Who’s getting married? Who’s getting divorced? Census numbers tell the tale.
02/9/2012 divorce-200x260 The U.S. Census Bureau has gone back through its data from the 1940s to the present, and has compiled a new report analyzing marriage and divorce in America. Who’s getting married? Who’s getting divorced? And how are the answers changing …
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Congress creates ‘window’ in 2011 and 2012 for big tax savings.
01/20/2012 tax-documents-200x260 Congress has created a temporary “window” – between now and the end of 2012 – in which many people can save a lot of money in estate and gift taxes. You might be able to take advantage of this opportunity …
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Attorney Brian Demidovich of The Law Corner Receives AV Preeminent Peer Review Rating
01/3/2012 brian-demidovich-200x260 Raleigh, NC attorney Brian Demidovich of The Law Corner has received the prestigious AV® Preeminent™ Peer Review Rating(SM) from Martindale-Hubbell®. The AV® Preeminent™ rating is the highest such peer review rating available to any individual lawyer. Brian Demidovich has 11 …
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Congress creates ‘window’ in 2011 and 2012 for big tax savings.
10/8/2011 tax-savings-200x260 Congress has created a temporary “window” – between now and the end of 2012 – in which many people can save a lot of money in estate and gift taxes. You might be able to take advantage of this opportunity …
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