Estate Planning for Business Owners

On October 10, I gave an estate planning presentation for business owners sponsored by Access Bank and Middleburg Investment Group, pertaining to the importance of family and business planning while the tax law allows for $22.4 of tax free gifts. See the Announcement below. The concern for business owners and individuals with significant assets is… Read »

John Dedon Named to The Best Lawyers in America© list for 2019

I am pleased to announce that I have been included in the 2019 Edition of The Best Lawyers in America©  in the Trusts and Estates category. This is my seventh consecutive year making the Best Lawyers® list. Since it was first published in 1983, Best Lawyers® has become universally regarded as the definitive guide to legal excellence…. Read »

John Dedon Panelist on Pre-Sale Planning and Wealth Management Presentation

On June 21, I was a panelist speaking on the topics described below, to an audience of lawyers, CPAs, wealth advisors and other professionals.  If you would like more information let me know.  Pre-Sale Planning and Wealth Management Experts Discuss Critical Issues Please join our expert panel as they discuss pre-sale planning and wealth management…. Read »

Give It While You Can – And Just As Importantly Document It!

Recently I wrote about the importance of affluent taxpayers taking advantage of the $22.4 million exemption while it is available. Deciding to give, and how to give, is the major issue but not the only issue. Filing a gift tax return (Form 709) and providing an appraisal to support the value is critical. The legal… Read »

Coordinating Your Estate Plan with Income Tax Planning

One of the major 2018 estate planning themes continues to be the importance of income tax planning within an estate plan.  With high exemption amounts – $22.4 million for a married couple – eliminating estate and income tax upon death is now attainable for all but the very wealthy.  Also of importance is how current… Read »

Gift It While You Can – Assuming You Are The Top Of The 1 Percent

Beginning in 2018, the exemption amount for estate and gift tax doubled to $22.4 million for a married couple, up from $11.2 million.  Thus, affluent taxpayers can remove more assets from their taxable estates and avoid estate tax in perpetuity for the benefit of their children and future descendants.  Many of these taxpayers should take… Read »