Fraser Trebilcock’s Year-End Estate Strategies Client Alert contains valuable information on a variety of Trusts and Estates topics, including: Tips for Year-End Estate, Gift, and Income Tax Planning. Retirement Planning for 2014. Options for Snowbirds and their Estates. Inside, you will […]
In October, the governor signed Public Act 310 of 2014, which provides a number of new exemptions from the “uncapping” of a property’s taxable value upon transfer of ownership of the residential real property. Under current Michigan law, whenever a […]
As 2014 draws to a close, there is still time to consider and engage in estate tax planning and income tax planning opportunities. Estate and Gift Tax Planning Given the significant increase in the federal estate tax exemption to $5,000,000 […]
It is never too soon to begin planning for 2015. This is especially true for Michiganders planning to purchase health insurance for 2015 through the federally-facilitated Health Insurance Marketplace (“Marketplace”). Starting on November 15, 2014, individuals and small businesses will […]
The Ingham County Bar Foundation presented a $5,000 grant to Friends of the Ingham County Veterans Treatment Court on November 13, 2014 during their board meeting. The grant is the largest amount the ICVTC has received since being established in […]
HEALTH FSA INCREASE The Internal Revenue Service (IRS) recently released the annual inflation adjustments for tax year 2015. Among the over 40 tax provisions set forth in Revenue Procedure 2014-61 is the cost of living adjustment for health flexible spending […]
With fall now upon us, the whitetail deer population will be on the move throughout Michigan. An unfortunate result of the deer activity: car-deer crashes. Each year, more than 50,000 car-deer crashes are reported in Michigan. The most serious crashes, […]
Fraser Trebilcock Attorney Ryan M. Wilson was recently selected by his peers for inclusion in The Best Lawyers in America© 2015 in the field of Trusts and Estates. Mr. Wilson has been working in the areas of estate planning, probate […]
The IRS has issued the estate and gift tax limits for 2015 (Rev. Proc. 2014-61). For an estate of a person dying in 2015, the basic exclusion amount is $5,430,000 for determining the credit against federal estate tax. This means […]
Fraser Trebilcock attorney Brian T. Gallagher was recently selected as a Super Lawyer Rising Star 2014 in Michigan for the field of Employee Benefits. No more than 2.5 percent of attorneys in Michigan are awarded with the honor of Rising Star. […]