Estate Planning for Private Business Owners
Level 1 - Basic Estate Planning The first level of estate planning for private business owners is to accomplish the following goals: (1) plan for incapacity; (2) plan to get your property to the rig more...

Planning for Incapacity
Medical Durable Power of Attorney A medical durable power of attorney (also known as a health care power of attorney or a medical power of attorney) appoints someone to make health care decisions for more...

Life Insurance and Estate Taxes (ILIT)
Many people use life insurance to ensure that they will have the liquidity necessary to pay estate taxes at their death. Unfortunately, unless the life insurance polies are owned correctly, they can end up contributing to the estate tax problem by increasing the size of your taxa... more...

Colorado Estate Taxes
Estate taxes can be levied at two levels: (1) by the federal government, and (2) by individual states. While we have been given a seeming one year reprieve from federal estate taxes in 2010, many Americans must still worry about state estate taxes. You may be wondering ab... more...

Annual Exclusion Gifts of Business Interests
Annual Exclusion Gifts: $13,000 per year: A common method of estate tax reduction is to give away property during a person's lifetime, so that it is not included in that person's taxable estate. The ability to give away property is limited by the gift tax annual exclusion a... more...