Print   Close

1st Quarter, 2016
Life and Legacy Advisor
In this issue...
Is There an Income Tax Time Bomb Lurking in Your Estate Plan?
As the federal estate tax exemption has ballooned from $1.5 million ten years ago to $5.43 million today, the need for estate tax planning has drastically decreased.  Instead, higher income tax rates that were ushered in under the American Taxpayer Relief Act of 2012 (ATRA) have shifted the focus of estate planning to a new frontier:  income tax basis planning.
 
In this issue you will learn what income tax basis is, how older estate plans have been deliberately designed to include an income tax time bomb, and the options you have to update your plan so that your heirs will receive the maximum basis.  Read more »

Underestimating the Risk of Disability -- The Importance of Being Prepared
No one likes to think about the possibility of their own disability or the disability of a loved one. However, as the statistics below demonstrate, we should all plan for at least a temporary disability. Disability planning is one area where we can give each and every person and family we work with great comfort in knowing that, if they or a loved one becomes disabled, they will be prepared.  Read more »

Did You Know...

What purpose does the PENNY about NASA's Curiosity Rover serve?
  • Oxidation Test Control
  • Camera Calibration
  • Good Luck
  • Mass Measurements


 











Please contact us at
(630) 221-1755
attorneys@huckbouma.com

And visit our website,
www.huckbouma.com.
Follow us on:
©2016 Huck Bouma PC. All rights reserved. 1755 South Naperville Road, Suite 200 Wheaton IL 60189
If you wish to opt-out of future email communication, please click on the unsubscribe link below.

Privacy Policy