Garren W. Carroll, Esq. has joined DeAngelis Legal as an attorney. Garren has been practicing general business and estate planning law since 2005. Prior to joining DeAngelis Legal he worked in private practice and as in-house counsel at a small start-up. Garren regularly represents clients with their estate planning and probate matters, including simple wills, [...]
Estate Planning Update July, 2021 1. 2021 Annual Gift Tax Exclusion: remains at $15,000 per donor, per donee. 2. 2021 Gift and Estate Tax Exemption: increased to $11,700,000 per donor through 2025, see #6. 3. Marital Deduction for Transfers to U.S. Spouse: unlimited. 4. 2021 Generation Skipping Tax Exclusion: increased to $11,700,000 per donor through [...]
“Money makes money. And the money that makes money, makes more money.” Benjamin Franklin This centuries old quote by our founding father could not be more appropriate today. Millions of Americans are out of work, surviving on government subsidies and yet the stock market and real estate market are approaching historic highs. Those with capital [...]
Estate Planning Update July, 2020 1. 2020 Annual Gift Tax Exclusion: remains at $15,000 per donor, per donee. 2. 2020 Gift and Estate Tax Exemption: increased to $11,580,000 per donor through 2025, see #8. 3. Marital Deduction for Transfers to U.S. Spouse: unlimited. 4. 2020 Generation Skipping Tax Exclusion: increased to $11,580,000 per donor through [...]
Below are some of the top tax-related provisions for individuals contained in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress’s gigantic economic stimulus package that the President signed into law on March 27, 2020. For provisions related to businesses see CARES Act for Businesses. Recovery Rebates for Individuals. To help individuals stay afloat during [...]
Rebecca "Bekki" Bottjen (pictured above with her wonderful family) celebrated her fifth year with DeAngelis Legal this spring. Bekki is an integral part of the team as she has touched more than 18,000 documents in those years. Yes, we push a lot of paper. As a certified paralegal, Bekki enjoys the challenge of sorting out the details [...]
