Thursday, May 17, 2018

Capital Gains Rates Before and After the New Tax Law

Are you confused about the federal income tax rates on capital gains and dividends under the Tax Cuts and Jobs Act (TCJA)? If so, you're not alone. Here's what you should know if you plan to sell long-term investments or expect to receive dividend payments from your investments. Old Rules Prior to the TCJA, individual taxpayers […]

The post Capital Gains Rates Before and After the New Tax Law appeared first on AmeriEstate Legal Plan, Inc..

FAQs about Deducting Home Loan Interest under the New Tax Law

The Tax Cuts and Jobs Act (TCJA) changes the rules for deducting interest on home loans. Most homeowners will be unaffected because favorable grandfather provisions will keep the prior-law rules for home acquisition debt in place for them. Old Rules for Mortgage Interest Deductions Prior to the Tax Cuts and Jobs Act (TCJA), you could deduct […]

The post FAQs about Deducting Home Loan Interest under the New Tax Law appeared first on AmeriEstate Legal Plan, Inc..

Thursday, May 3, 2018

How Can the Deferred Sales Trust be Used to Fund Alternative Investments?

How Can the Deferred Sales Trust be Used to Fund Alternative Investments? Let’s take real estate, for example.  Frequently a DST is established as a bail-out or a Plan ‘B’ for a seller who is pursuing a 1031 exchange.  Industry statistics show that 20% to 30% of 1031 exchanges fail because a seller is unable […]

The post How Can the Deferred Sales Trust be Used to Fund Alternative Investments? appeared first on AmeriEstate Legal Plan, Inc..

The Use of Alternative Investments within the Deferred Sales Trust

By Greg Reese, Principal, Reef Point, LLC – Trustee for the Deferred Sales Trust The Deferred Sales Trust is designed so that the proceeds of the sale of a business, real property or highly appreciated collectables can achieve tax deferred status.  The original seller of the appreciated asset first sells the asset to the Trustee […]

The post The Use of Alternative Investments within the Deferred Sales Trust appeared first on AmeriEstate Legal Plan, Inc..

Thursday, April 19, 2018

Estate Planning – Broaching a Sensitive Topic

You may be uncomfortable at the thought of discussing your estate with your loved ones. But failing to do so could result in disagreements and conflicts when the details are revealed after your death.  Discussing your plans in advance gives you a chance to explain: The distribution of your estate. Why you made certain decisions. You […]

The post Estate Planning – Broaching a Sensitive Topic appeared first on AmeriEstate Legal Plan, Inc..

Go Green, Save Green: Tax Breaks for Saving Energy

Earth Day is April 22. This occasion reminds us to consider implementing changes to help reduce the amount of energy we consume. But “going green” isn't just good for the Earth — certain energy-saving expenditures also may qualify for generous tax breaks that are good for your pocketbook, too. Here are some tax credits for buying […]

The post Go Green, Save Green: Tax Breaks for Saving Energy appeared first on AmeriEstate Legal Plan, Inc..

Thursday, April 12, 2018

Congress Raises 401(k) Hardship Withdrawal Limits

Most 401(k) plans permit hardship withdrawals, though plan sponsors aren't required to allow them. As it stands today, employees seeking to take money out of their 401(k) accounts are limited to the funds they contributed to the accounts themselves, and only after they've first taken a loan from the same account. Loans must be repaid, of […]

The post Congress Raises 401(k) Hardship Withdrawal Limits appeared first on AmeriEstate Legal Plan, Inc..