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• Aug. 23 2011

  Estate Tax Exemption and Spousal Portability

  On December 17, 2010, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (for this article we will refer to this Act as the “New Estate Tax Law”), which made some key changes to … Read more »

• Aug. 10 2011

  Important Considerations for Irrevocable Income Only Trusts

  This post is the second in a two part series covering the financial advantages of Irrevocable Income Only Trusts. Part One covered Using Trusts to Protect Assets from Nursing Homes. Irrevocable Income Only Trusts must be very carefully and specifically … Read more »

• Jul. 27 2011

  Using Trusts to Protect Assets from Nursing Homes

  This post is the first in a two part series covering the financial advantages of Irrevocable Income Only Trusts. Part Two covers Important Considerations for Irrevocable Income Only Trusts At Wokwicz Law Offices, we routinely meet with our clients to … Read more »

• Jan. 20 2011

  Estate Tax Alert – January 2011

  As 2011 progresses, we have received clarification from the federal government on the applicability of the new estate tax law for deaths occurring during the year 2010, and new estate tax law for deaths occurring in 2011 and 2012. The … Read more »

• Jan. 15 2011

  Discussing the Revocable Living Trust

  The Revocable Living Trust is one of the most powerful tools that an estate planning attorney can use to help clients avoid probate and to direct the use of client assets during lifetime and following death. By no means the … Read more »

• Dec. 8 2010

  Estate Tax Alert

  As we write this, the clock keeps ticking on the Federal Estate Tax. Will Congress and the President retroactively reinstate the estate tax for 2010? It appears that this could be the case based upon recent developments from Washington D.C. … Read more »