Create pet trust

You Can Create a Pet Trust – Just Like the One For Choupette

Posted Posted in Estate Planning, Inheritance Tax (相続税), Kevin's Blog, Pet Trust, Trust Planning, YouTube

According to multiple news sources, when the creative director and fashion designer Karl Lagerfeld died on February 19, 2019, he left his famous cat, Choupette, a significant amount of money in trust. Pet trusts are now quite common, and specifically authorized by statute in most jurisdictions.  Many people consider pets as a part of the family, and want them […]

7 Simple Ways to Minimize the Pennsylvania Inheritance Tax

7 Simple Ways to Minimize the Pennsylvania Inheritance Tax

Posted Posted in Capital Gains Tax, Charitable Trust, Estate Administration, Estate Planning, Federal Estate Tax, Inheritance Tax (相続税), Kevin's Blog, Pennsylvania

It’s been a little while since I have written an article on the Pennsylvania inheritance tax.  However, before I discuss ways to minimize the PA inheritance tax, it is important to understand that the tax rate is affected by who receives money upon your death. As a refresher, Pennsylvania has an inheritance tax on most […]

Best Place To Die (From An Estate And Inheritance Tax Perspective)

The Best Place To Die (From An Estate And Inheritance Tax Perspective)

Posted 3 CommentsPosted in Estate Planning, Estate Tax, Farm, Florida, Inheritance Tax (相続税), Kevin's Blog, New Jersey, New York, Pennsylvania, Tax Planning

Best place to die Several years ago, I wrote a few articles comparing the tax consequences of dying in New Jersey, New York, Pennsylvania and Florida.  Now that New Jersey has amended its estate tax laws, I thought I should write another post for 2017 regarding the best place to die. I will write this […]