Estate Planning for the Heirs to the Iron Throne

One of our tax associates at Maddox, Thomson & Associates recently completed a tour de force illustration for some of the basics of estate planning.  Rachael Knapp (a CPA and CFP as well as a budding screenwriter) has created a set of examples of important estate planning techniques using the family members from … Read more »

Review Your Estate Planning Documents

One of the components of our regular meetings with our clients is a review of the provisions in their estate planning documents, including wills and powers of appointment. One purpose of this review is to revisit the appointments which are made in these documents.  For wills, these appointments designate the people who … Read more »

2017 Estate and Gift Tax Exclusion Limits

Beginning in 2017, the lifetime estate and gift tax exclusion (which is indexed for inflation) will rise to $5,490,000 from $5.45 Million during 2016. This is the limit on tax-free transfers during life or at death. This means that couples who have not yet made any lifetime gifts will be … Read more »