Nov 28, 2012 | Estate Planning & Probate
Reducing Death Tax With a Cross Purchase Buy-Sell Agreement By Estate Planning Practice Group SAALFELD GRIGGS PC An often overlooked problem that can arise, however, is that at B’s later death the entire company and the life insurance on B’s life (if purchased by B)...
Nov 28, 2012 | Estate Planning & Probate
Reducing Death Taxes By Estate Planning Practice Group SAALFELD GRIGGS PC 1. WHAT ARE DEATH TAXES? Death taxes (also called estate taxes or inheritance taxes) are taxes on transfers of property at your death. Each person is allowed an exclusion from death tax. The...
Nov 28, 2012 | Estate Planning & Probate
Real Life Bloopers By Estate Planning Practice Group SAALFELD GRIGGS PC Sometimes people don’t get around to updating their estate plans. Here are some recent examples of what can happen when they don’t: A man signed a will that gave everything to his...
Nov 28, 2012 | Estate Planning & Probate
Planning They Will Thank You For: Specialized Estate Planning for Children By Estate Planning Practice Group SAALFELD GRIGGS PC As parents, the age old question has always been how much freedom to give your children. In the world of estate planning, the same question...
Nov 28, 2012 | Estate Planning & Probate
Planning for Business Owners By Estate Planning Practice Group SAALFELD GRIGGS PC Few people have more estate planning issues to deal with than family business owners. The business may be the most valuable asset in your estate, yet two out of three family-owned...
Nov 28, 2012 | Estate Planning & Probate
Oregon’s New (Stealth) Tax: The State Inheritance Tax By Jeffrey G. Moore SAALFELD GRIGGS PC Mention that the Oregon legislature intends to increase state income taxes and you’re likely to not only see the news splashed across the front pages, but some folks...