Last week I wrote about the IRS’s gift tax rules. The annual gift tax exclusion, which is currently $15,000, is the amount of money (or the value of other property) a person can give away each year to any individual without having to report it to the IRS. If someone gives more than $15,000 to […]
About Reg P. WydevenHoping to follow in his father’s footsteps from a young age, Reg’s practice primarily consists of advising individuals on estate planning, estate settlement and elder law matters. As Reg represents clients in matters like guardianship proceedings and long-term care admissions, he feels grateful to be able to offer families thorough legal help in their time of need.
When my kids were little, their letters to Santa took longer to read than ‘War and Peace.’ They wanted all different types of toys and games. One year, they even asked for flying backpacks. This year, however, they’d be thrilled with cash. And my kids are not alone. A lot of the parents I talk […]