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Estates & Trusts 
- Tax Court Case Alert: Gifts of Limited Partnership (FLP) Interests Fail to Qualify for Annual Exclusion
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TAXES and News
- Real Ideas and Information on An Estate Tax Situation that is Crazy
- Great Review Of New Year Estate Planning Issues and Dangers
- Forget the Federal Etate Tax - According To Russia We Have Bigger Problems
- Married To A Wealthy Spouse? Under the New Law You Might Find Yourself Disinherited
- Estate Tax Mess - The Times Says "Americans Deserve Better"
- Quick Overview of Estate Tax News and Analysis of How Estate Tax Now Affects You
- News You Need To Know On The Federal Estate Tax and HB 3905 and HB 4154
- More IRA Tax Relief From The IRS for Those Over 70 with Required Minimum Distributions
Pennsylvania Asset Protection & Estate Planning Blog Will & Trust Attorney Blog For Unruh, Turner, Burke & Frees
TAXES and News
Married To A Wealthy Spouse? Under the New Law You Might Find Yourself Disinherited
Pennsylvania Trust and Estate Lawyer David M. Frees IIIf you're married to a wealthy spousde, it may be that his or her estate planning documents are drafted to take maximum advantage of the amount that can pass to heirs free from federal estate tax.
However, thanks to the mess left by Congress, and as of January 1st, 2010, the formula clause of the wills and trusts may now leave everything to the children or other heirs and nothing to the spouse. This is problematic in all cases, but may be a source of significant will disputes that can be avoided by careful planning now.
The Wall Street Journal just published a great review of this estate tax issue.
Click here to read more about spouses and the federal estate tax.
David M. Frees III is Chair of the Trust, Estate, and Wealth Preservation of
Pennsylvania Law Fir Unruh, Turner, Burke and Frees
Frees has also been recognized with AVVO's highest lawyer rating of 10 - Superb.
For information about how the new estate tax laws may affect your estate
plan and estate planning documents call 610-933-8069
Labels: AVVO highest rating AVVO rated lawyers AVVO rated will lawyer Chester County lawyer chester county will lawyer Devon estate planning lawyer estate and tax planning estate planning estate tax changes family wealth family will disputes Federal Estate Tax changes federal estate tax planning Malvern lawyer Malvern will lawyer spouse and estate tax updating your will
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120 Gay St.
Phoenixville, PA 19460
Phone: (610) 933-8069
Fax: (610) 240-9323
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116 E. King St.
Malvern, PA 19355
Phone: (610) 240-0750
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17 W. Gay St.
P.O. Box 515
West Chester, PA 19381
Phone: (610) 933-8069
Fax: 610-240-9323
See David by Appointment call 610-933-8069 For David Frees