Trust

5 Reasons to Utilize a Trust in Your Estate

By |2018-11-30T14:17:20+00:00November 2nd, 2018|Change, Deductions, Estate Planning, Long-Term Care, Preparation, Trust|

Estate Planning can be a tough discussion, but having a trust and will in place when the time comes can help answer the important questions for your loved ones. Your estate plan will outline your wishes for the transfer of your assets when you die.  The written legal document detailing your wishes is usually a [...]

Reasons to Have a Will

By |2017-07-10T09:35:16+00:00May 18th, 2017|Change, Estate Planning, Executor, Gifts, Long-Term Care, Trust|

Vicki Beckey, CPA, CFF, CSEP and head of TD&T’s estate department, provides some thoughts on understanding estate and gift tax issues Most people have probably heard advice from someone that they should have a will.  When pressed for reasons why, those giving the advice may have trouble coming up with something more than, “for tax [...]

How the 3.8% Net Investment Income Tax Affects Trusts

By |2017-04-24T09:24:04+00:00July 1st, 2016|Investment, TAX, Tax Services, Trust|

Vicki Beckey, CPA, CFF, CSEP and head of TD&T’s estate department, provides some thoughts on understanding tax implications of trusts.  The Heath Care and Education Reconciliation Act of 2010 added Section 1411 to the Code, effective December 31, 2012.  Section 1411 imposes a non-deductible 3.8% tax on net investment income of individuals, estates and [...]