Tag Archives: trust

Joint Revocable Living Trusts – Some Tax Dangers

The use of a joint revocable living trust as the primary estate planning instrument may be appropriate in limited circumstances, but its use can result in significant gift and estate tax problems in larger estates. What is a joint revocable living trust?  A joint revocable living trust is a single trust created by a husband and wife,...
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Charitable Remainder Trusts

It is not often that we have the ability to eliminate capital gains tax on the transfer of an appreciated asset, obtain income for life and the life of our spouse, and receive a charitable deduction against current income tax. A Charitable Remainder Trust (CRT) is one of those solutions that accomplishes all of those objectives.

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Estate Planning Seminar on April 25: “Estate Planning Mistakes – How to Avoid Them”

Presented by: Doug W. Davis, Davis Law Group, and Robin W. Tull Jr., CFP, Tull Financial Group. The Chesapeake Regional Health Foundation will be hosting an educational seminar on Estate Planning. We invite you to join representatives from Davis Law Group and Tull Financial Group on Thursday, Apr. 25 from 6:00 – 7:30 p.m. at the Lifestyle Center.

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Transfer and Sale of Real Estate after Death – the Basics

My previous posts focused more on the technical aspects pertaining to the Executor’s authority to hold title and sell the real estate. After recently handling the sale of real estate from several beneficiaries under a will, I think it will help to provide a more basic analysis of the process.

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