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262 items found for "capital gains tax"
- Make a Charitable Donation in Your Will and Watch It Work
as well as stocks owned by the individual who wants to donate, will not require the charity to pay taxes—provided The transfer of shares means that the charity will get the value but will not have to pay taxes on the gains.
- IRS Phone Scams on the Rise in Houston
It is tax time again, which means IRS scams are once again on the rise here in Houston and throughout to watch for: A phony IRS agent will demand immediate However, the real IRS will not call you about taxes
- Want Estate Planning? No, You Need It!
Then again, about that time our parents will age and may need a guardian. Effective estate planning will typically reduce your taxes and those of your estate. Estate Planning – It’s a Need” #AssetProtection #Guardianship #EstatePlanningLawyer #Inheritance #Wills #TaxPlanning
- How to Remove Someone from Your Will in Texas
Again, if you have a solid will in place, your estate will most likely prevail.
- What to Do With 529 Leftovers
about 529 plans is that you can change the beneficiary to another qualifying family member without tax If you do not, you may trigger a tax penalty. Your contributions were made with after-tax dollars, so they will not be taxed or penalized. Every withdrawal is part contribution and part earnings; if there are gains in the account, you are going to pay taxes and a penalty on every non-qualified distribution.
- Preparing an Inheritance for Your Child With Disabilities
age of 65 to remain eligible for Medicaid even if they get a direct inheritance or similar financial gain This is allowed only if the gain is placed is a qualifying Trust, also known as a “payback” Trust.
- The Future of GRATs After November’s Election
For transfer tax valuation purposes, the value of the taxable gift is the fair market value of the property , experts think many of her policies will be in line with the Obama administration, like the estate tax Clinton says she wants to restore the parameters that were in place in 2009, which would reduce the tax plan would repeal the estate tax and remove restrictions on GRATs. In a grantor retained annuity trust, if the assets produce a return in excess of the tax code Section
- Congratulations on starting your medical career! Now go protect your financial future!
Again, a qualified asset protection attorney here in Houston can help you work through all of your options
- Circle that Day on the Calendar!
January 15: If you file estimated taxes, you must file the final payment for the 2015 tax year. And don’t forget about state taxes! April 18 is also the due date for the first federal estimated tax payment for the 2016 tax year. June 15: Your second estimated tax payment is due (if applicable). The final estimated tax payment is due in January 2017.
- Heritage Statements Help in Estate Planning
article, “Preparing for Inheritance: How to Avoid Losing It All,” which also notes that smart financial, tax Eventually the family’s principal advisors, including those for legal, tax, and financial concerns, should AssetProtection #HoustonEstatePlanning #HeritageStatement #Inheritance #HoustonEstatePlanningLawyer #TaxPlanning
- Grief And Anxiety Go Hand In Hand
can focus on their grief and work on picking up the pieces and starting to put things back together again
- Harris County Probate Law – The Basics
Again, if there was a will, then one of the first steps the executor and the Harris County probate lawyer have to determine whether or not assets will need to be sold to pay for outstanding debts, including taxes
