Watch This Presentation On Entity Compliance
By: Joshua B. Glaser, Esq., LL.M., Attorney At Law - May 04, 2020
Because your Wealth Preservation Solution may include entities holding assets or operating as a business, the review, oversight and compliance of these entities is critical to assure that they are current. Our team will oversee and ensure that the required activities are completed on a timely basis.
Morris Law Group Introduces Wealth Preservation And Estate Planning Series Of Videos On Its Website And YouTube
By: Morris Law Group Newsroom - May 04, 2020
Morris Law Group Founding Partner Stuart R. Morris, Esq., CPA, B.C.S. has created a new video series featuring helpful, actionable videos to help clients and consumers protect their assets, reduce taxes and create family harmony.
Annual Compliance Activities ... Handled! One Less Thing For You To Worry About
By: Stuart R. Morris, Esq., CPA, B.C.S. - May 01, 2020
Morris Law Group believes your Wealth Preservation Solution is an ongoing, evolving process, not a one-time transaction. Just as your life changes, your financial goals, objectives and the law may change. Because of these changes, your Wealth Preservation Solution will require constant review and revision to ensure that it meets your family’s goals and objectives. Our team is here to ensure your plan is updated as your needs evolve and will guide you in the right direction to meet your goals.
Irrevocable Trust Compliance Examination
By: Morris Law Group - May 01, 2020
At Morris Law Group, we can assist you in setting up a customized Wealth Preservation Solution to meet your unique wealth preservation goals. One way to protect your assets and ensure that they are preserved for your beneficiaries is through an irrevocable trust. These trusts are commonly designed to hold assets that will be outside of your taxable estate for estate tax purposes.
Charitable Estate Planning Considerations
By: Joe Lieberman, J.D., LL.M., Law Clerk, Morris Law Group - April 07, 2020
Last month, we addressed the Federal Reserve Bank’s interest rate decreases in response to COVID-19, and discussed several planning considerations, including Intra-Family Loans, Grantor Retained Annuity Trusts (GRATs) and Sale to Grantor Trusts to take advantage of the reduced interest rates. For individuals who are charitably inclined during this reduced interest rate environment, Charitable Lead Annuity Trusts (CLATs) are a great vehicle to consider right now for the transfer of cash or other assets. Upon creation of a Grantor CLAT, the Grantor receives a gift tax charitable deduction based on the present value of the trust’s required future distributions to the charity.