Effective January 1, 2020, the federal lifetime unified estate and gift tax exemption increases. Individuals who pass away in 2020 can pass, tax-free, $11.58 million (was $11.4 million). With portability, a married couple may pass twice that amount, $23.16 million. Anything in excess…
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The family feud over the estate of rocker Johnny Hallyday – at least, the first battle in what figures to be a continuing war – has come to a close. And in a sign of the times, Hallyday’s social media…
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Actor Burt Reynolds was raised in Riviera Beach, Florida, the son of a police chief. After an injury sidelined him from playing football at Florida State, he pursued acting. His career took off in the 1970s and he went on…
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Update 5/2/2016: The Carver County, Minnesota District Court today appointed Bremer Trust as Special Administrator of Prince’s estate. The untimely death of musical superstar Prince has estate planning lawyers paying close attention. With all the usual combustible elements in place…
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Life insurance can be a powerful tool in your estate plan. It can provide financial support for your spouse or heirs when you’re gone. If your estate is taxable, life insurance may be used to pay estate taxes and other expenses. As with…
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