2019 Estate Tax Tips: The Estate Tax and Gift Tax20190411120207
2019 Estate Tax Tips: The Estate Tax and Gift Tax
Hammond Law GroupApril 11, 20190 comments
The Estate TaxIn 2001, Congress passed a law that raised the amount that could pass without tax, increasing it in steps from $675,000 in 2001, to $3.5...
Tax Changes and Estate Planning20180327073939
Tax Changes and Estate Planning
Hammond Law GroupMarch 27, 2018elder care law, estate attorney, estate lawyer, Estate Planning, estate planning attorney, estate planning law firm, estate planning trusts, medicaid attorney, Medicaid lawyer, revocable living trust, Section 529 Plans, Tax Cuts and Jobs Act, trust and estate planning, trust estate planning, what is estate planning?0 comments
How the Recent Tax Changes Impact Your Estate PlanningEstate planning is something that many people put off doing. And with the recent passage of the ...
Does my Family Have to Pay my Estate Taxes?20170208081100
Does my Family Have to Pay my Estate Taxes?
Hammond Law GroupFebruary 8, 2017Estate Taxes, Executor, Probate0 comments
When you die, who is responsible for paying any estate taxes? Do your heirs or beneficiaries, those who receive an inheritance, have to pay it?...
What’s the Difference Between Estate and Inheritance Taxes?20150226204423
What’s the Difference Between Estate and Inheritance Taxes?
Hammond Law GroupFebruary 26, 2015Estate Taxes0 comments
When it comes to estate planning, a lot of people have questions about estate and inheritance taxes. Will you have to pay tax on an inheritance you re...
Using Your Will and Living Trust Together20140320130508
Using Your Will and Living Trust Together
Hammond Law GroupMarch 20, 2014living trust, wills0 comments
People who create an estate plan in the Colorado Springs or Centennial, Colorado area will almost assuredly include both a last will and testament and...
Is My Life Insurance Policy Going to be Taxed?20110309074808
Is My Life Insurance Policy Going to be Taxed?
Hammond Law GroupMarch 9, 2011Estate Taxes, life insurance0 comments
Life insurance can play a valuable role in estate planning, from providing cash to the trustee or executor to pay off debts and final expenses – but w...
Estate and Death Taxes: What is the Generation Skipping Transfer Tax?20110209075652
Estate and Death Taxes: What is the Generation Skipping Transfer Tax?
Hammond Law GroupFebruary 9, 2011Estate Planning, Estate Taxes0 comments
Many aspects of estate planning focus on reducing estate taxes. We discuss the generation skipping transfer tax and how it impacts an estate plan....
Estate Tax Terms You Need to Know20110128071930
Estate Tax Terms You Need to Know
Hammond Law GroupJanuary 28, 2011Estate Planning, Estate Taxes, Financial Planning0 comments
With the tax season just around the corner and estate taxes taking front and center stage, we define several estate tax terms....
What is a Life Insurance Trust?20110118083947
What is a Life Insurance Trust?
Hammond Law GroupJanuary 18, 2011Insurance, life insurance, trusts0 comments
An Irrevocable Life Insurance Trust is an irrevocable trust that holds life insurance, and as a trust it keeps the proceeds of the policy out of the e...
New Estate Tax Laws Should Trigger an Estate Plan Update20110104075434
New Estate Tax Laws Should Trigger an Estate Plan Update
Hammond Law GroupJanuary 4, 2011Estate Planning, Estate Taxes0 comments
Estate planning has been in the headlines lately, with the estate tax debate taking front and center stage. No matter what the outcome of the 2011 es...