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February 06, 2012
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Estate Planning News

 

 

IRS Plans To Reduce Estate Tax Lawyers

Washington, D.C. - The Internal Revenue Service (IRS) plans to reduce by nearly half the number of tax attorneys assigned to audit estate tax returns.  By the end of September 2006, under the Bush Administration’s plan, the IRS will terminate 157 estate tax lawyers and 17 support staff.

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Did You Know?    
 
 
A Will, is sometimes called a "Last Will and Testament"
Used to transfer property you hold in your name to the person(s) and/or organization(s) you want to have it. A Will also typically names someone you select to be your Personal Representative (or "Executor") to carry out your instructions and names a Guardian if you have minor children. A Will only becomes effective upon your death, and after it is admitted to probate.

 


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Latest news about Financial & Estate Planning in Pennsylvania and nationwide:

President's Plan to Strengthen Retirement Security
President's Plan to Strengthen Retirement Security

President Bush believes that economic freedom is essential to individual success and pr...

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Nelson Supports Full Repeal Of Estate Tax
To encourage economic activity and to allow for certainty in estate planning, Nebraska’s Senator Ben Nelson voted today to proceed to H.R. 8, the b...
Read more >


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Estate Planning Terms

 


Today's Terms

Interlineation

Definition:
Something written in-between; often a change to a typed document that is made by crossing out words and entering in replacement words. Never change an executed will or trust by interlineation.

Federal Estate Taxes

Definition:
Taxes imposed by the US Government on the value of a person's estate upon his or her death.

Living Trust

Definition:
Sometimes called an Inter-Vivos Trust--A written legal document established during a person's lifetime into which he/she places property.

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Estate Planning Resources

 


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Estate Planning Hot Topics

 
Topics Related to Estate Planning:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax

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Pennsylvania Estate-Planning Attorney

 
If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

  • Aliquippa
  • Allentown
  • Bensalem
  • Bethlehem
  • Butler
  • Carlisle
  • Chambersburg
  • Chester
  • Coatesville
  • Coraopolis
  • Downingtown
  • Doylestown
  • East Stroudsburg
  • Easton
  • Greensburg
  • Hanover
  • Havertown
  • Hazleton
  • Irwin
  • Lancaster
  • Lansdale
  • Lebanon
  • Lititz
  • Media
  • Morrisville
  • New Castle
  • New Kensington
  • Norristown
  • Philadelphia
  • Pittsburgh
  • Pottstown
  • Southampton
  • State College
  • Uniontown
  • Upper Darby
  • Warminster
  • Washington
  • West Chester
  • Wilkes Barre
  • Williamsport
  • York
 


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