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February 27, 2010
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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.

Contact our Rhode Island estate planning attorney now.

 
Did You Know?    
 
 
The costs and expenses of a conservatorship are paid by your estate
A CONSERVATORSHIP is if you suffer from an incurable disease or are involved in a debilitating accident and are unable to manage your own affairs, state law might require someone to go to court to have a conservator appointed by the court. The conservator is given the authority to make financial decisions and handle your financial affairs, under court supervision, when you lack the capacity to manage them on your own.

 


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Latest news about Financial & Estate Planning in Rhode Island and nationwide:

Living-Wills Legislation Gains Broad Support
WASHINGTON - There's growing support among Democrats and Republicans in Congress, and key advocacy groups, including the AMA, to pass legislation t...
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Congressman Aderholt Votes To Eliminate Death And Estate Tax
WASHINGTON, DC -- Congressman Robert Aderholt (R-Haleyville) today voted in favor of the Permanent Estate Tax Relief Act of 2006.  This legisl...
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Making A Will
The simplest way to ensure that your funds, property and personal effects will be distributed after your death according to your wishes is to prepa...
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Estate Planning Terms

 


Today's Terms

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.

Trust

Definition:
A long recognized legal concept (first used in ancient Greece during the times of Socrates and Plato) in which some or all property of a Trust Creator is held on behalf of a beneficiary (which may include the trust creator) in the name of the Trustee.

In-Terrorum Clause

Definition:
A provision of a will or trust that disinherits a person in the event that he/she challenges the terms of the will or trust. Sometime called a No-Contest Clause.

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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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Rhode Island 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:

  • Barrington
  • Bristol
  • Central Falls
  • Coventry
  • Cranston
  • Cumberland
  • East Greenwich
  • East Providence
  • Johnston
  • Lincoln
  • Middletown
  • Narragansett
  • Newport
  • North Kingstown
  • North Providence
  • Pawtucket
  • Portsmouth
  • Providence
  • Riverside
  • Tiverton
  • Wakefield
  • Warwick
  • West Warwick
  • Westerly
  • Woonsocket
 


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All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Rhode Island Estate Planners.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.

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