Estate and Gift Tax Exemption and Exclusion to Increase in 2023
This will be the last informational newsletter that we circulate to all of our clients and colleagues. Going forward, these newsletters...
Lara Sass
Introducing Our New Client Care Program
We were recently engaged by new clients following the death of the patriarch of their family. The patriarch had hired one of the top ten...
Lara Sass
WEBINAR REPLAY: "Estate Planning for Cryptocurrency and NFTs"
Please click on the link below to listen to Lara Sass discuss “Estate planning for cryptocurrency and NFTs” on a webinar taped this past...
Lara Sass
UPCOMING WEBINAR: Thursday, May 12th
Lara Sass & Associates, PLLC cordially invites you to attend the below webinar, “Estate planning for cryptocurrency and NFTs” “Estate...
Lara Sass
Planning Amidst Uncertainty
I am writing as another year of uncertainty is underway. Events of the past two years undoubtedly will have an effect well into the...
Lara Sass
Planning Considerations for 2022
Beginning January 1, 2022, there was an increase in the exclusion amounts for federal gift, estate and generation-skipping transfer taxes....
Lara Sass
Some Surprises In the Reconciliation Bill
A few days ago, the latest text of the proposed reconciliation bill, the Build Back Better Act, was published. Surprisingly, this...
Lara Sass
Important Follow Up on Recent Proposals
We had written to our valued clients and colleagues a few days ago summarizing the sweeping tax provisions proposed by the House Ways and...
Lara Sass
IN LIGHT OF HOUSE WAYS AND MEANS COMMITTEE PROPOSALS, THE TIME TO ACT IS NOW
We have been committed throughout this year to continuously reaching out to update our valued clients and colleagues with respect to...
Lara Sass
Tax Law Proposals You Need to Know
We have written this newsletter to update existing and prospective clients and colleagues regarding potential gift and estate tax law...
Lara Sass
Changes Take Effect to NY Power of Attorney Law
A power of attorney (POA) allows an individual (called the principal) to appoint another individual (called the agent or...
Lara Sass
Biden's "Green Book" Is Out
On May 28th, the Biden administration released its general explanation of tax proposals in what is often referred to as the “Green Book.”...
Lara Sass
ANNOUNCEMENT
LARA SASS & ASSOCIATES, PLLC OFFERS A NEW ENHANCED ESTATE PLANNING PROCESS AND LAUNCHES CONCIERGE ESTATE PLANNING SERVICE New York, NY,...
Lara Sass
The Taxman is Eyeing the Wealthy
Senator Bernie Sanders recently introduced legislation called the "For the 99.5% Act," aimed at the wealthiest Americans. The proposal...
Lara Sass
ESTATE PLANNING IN LIGHT OF IMPENDING TAX REFORM
There are a number of proposed changes to the federal and New York estate and gift tax laws that, if passed, could have enormous...
Lara Sass
Don't Fail to Prepare
As Benjamin Franklin once said, "By failing to prepare, you are preparing to fail." I am writing this as we close out the first month of...
Lara Sass
The Time to Act is Now
As we kick off 2021, we are pleased to have completed some valuable estate tax planning for clients during the year-end rush. 2020...
Lara Sass
Join Us for a Timely Call
The upcoming elections will have a significant impact on estate planning, including a possible sun setting of current estate tax...
Lara Sass
The #1 Item on Your College 'To-Do' List
With the imminent opening of universities across the country, many of us are anxious about sending our children to their respective...
Lara Sass
A Potentially Limited Window of Opportunity for Estate Tax Planning
ESTATE PLANNING TECHNIQUES TO EMPLOY GIVEN DEPRESSED ASSET VALUES AND LOW INTEREST RATES For individuals of significant wealth, once...