Chambliss Estate Planning Essentials brings you legal developments and other trends of vital interest in the world of estate planning. This post is brought to you by David Hunter and other members of the Estate Planning Practice Group of Chambliss Law Firm.
Happy New Year!
Estate Planning Essentials is kicking off 2019 with a new look! The updated newsletter includes additional monthly articles on a variety of estate planning and tax topics. This month is on crucial tax planning and is brought to you by our new tax department manager, Rachel.
We're excited to announce Rachel Ragghianti, CPA, joined our team this past fall, and Sarah Johnson, CPA, moved into the assistant tax manager role. Rachel's been hard at work getting us prepared for the upcoming tax season. She brings an excellent record of client service and a decade of experience in tax preparation and audit services. Here are our tax team's top five tips for this tax season as they relate to your estate planning.
Top 5 Tax Considerations Related to Your Estate Planning
Charitable Giving Options Under the New Tax Law
The new tax law makes it harder to claim a tax deduction for charitable contributions. While charitable giving should not be only about getting a tax break, if you want to get a tax benefit from your contributions, there are some options.
Does Your Estate Plan Include Your Pets?
Have you considered your pet or pets when planning your estate? If not, you should, according to The Humane Society of the United States, the nation's largest animal protection organization.
Pre-Paid Funeral Plans: Buyer Beware
Funerals rank among the most expensive purchases many consumers will ever make. A traditional funeral costs about $7,000, although "extras" like flowers, obituary notices, acknowledgment cards and limousines can bring the total to well over $10,000.
Estate Planning and Retirement Considerations for Late-in-Life Parents
Older parents are becoming more common, driven in part by changing cultural mores and advances in infertility treatment. Comedian and author Steve Martin had his first child at age 67.