General news
For clients with Florida LLCs, a review of the new Supreme Court decision is vital. The decision clarifies that creditors can take a single-member LLC to satisfy a claim, and the decision also highlights that a charging lien is not the exclusive remedy for a creditor even in a multi-member LLC.
New Bill Would Dramatically Alter GRAT Planning
For years, GRATs (“Grantor Retained Annuity Trusts”) have offered clients a convenient estate planning tool. GRATs are irrevocable trusts which offer an essentially zero-risk transfer tax savings opportunity. Due to legislation Passed by the House of Representatives in late March and pending before the Senate, anyone that has considered using a GRAT in his or her estate planning should act now while many of the benefits are available.
Learn about Roth IRA Conversions
Click here to see a video of Jeff Baskies and Marjorie Horwin discussing Roth IRA conversion Issues
Three Estate-planning Changes Coming Your Way
The Obama administration's proposed budget calls for lots of changes that could affect your estate plans, and ignorance isn't bliss -- it's foolhardy.
While the federal estate tax has temporarily lapsed for 2010, 19 states still take a bite out of their residents' estates.
Firm news
Katz Baskies quoted on Cyrogenic Planning
Thomas O. Katz was recently quoted with regard to the unique estate tax planning issues for those wishing to be cryogenically preserved and retain the benefits of insurance proceeds.
Katz Baskies LLC Represents Interactive Response Technologies in Merger with CCT Group
Katz Baskies handles complex business merger.
Firm and Partners Recognized by Peers:
Katz Baskies and its lawyers continue to receive peer recognition.
Katz Baskies January 2010 Client Newsletter
Read the Firm’s January 2010 Newsletter.
2010 Investment Guide: The Roth Conversion Question
Katz Baskies quoted in Forbes story on Roth IRA conversions
