Trusts & Estates

Insurance Coverage & Recovery

Gerald DesRoches, Neal McFarland | Andersen Tax (FKA WTAS)

Immediate cash needs at death range from general living expenses to buying out a business partner or providing funds to pay estate taxes. But imagine opening a letter one day from your insurance company to find that your equity-based life insurance policy may lapse due to lack of funding. Despite...

Nonprofit

John Hook | Stradley Ronon Stevens & Young, LLP

In the world of charitable fundraising, outright gifts of cash are the ideal form of charitable giving. They are simple, immediately accessible and fairly easy to administer. Unfortunately, many of the really big gifts to nonprofit organizations do not come as outright gifts of cash. Instead,...

Tax

Russell J. Ressler | Stradley Ronon Stevens & Young, LLP

Introduction Significant tax law changes are scheduled to take effect on January 1, 2013. Individuals should take advantage of unprecedented opportunities to transfer up to $5.12 million ($10.24 million for married couples) to family members (or others) free of federal gift tax and federal...