Tuesday January 23, 2018

For Advisors

Advisor Resources We have a complete tax update service for CPAs, attorneys, CLUs, CFPs, ChFCs, trust officers and other professional friends. The GiftLaw services are made available to all advisors as a free service. We are available to assist in helping you provide clients with clear and understandable gift illustrations.
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Charitable Tax Reference - GiftLaw Pro
GiftLaw Pro
GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw website...
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Deduction Calculator The GiftLaw Calculator is a planned gifts calculator for professionals that follows the IRS format. Click here to access and run charitable deduction calculations for your favorite gift plan...
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LoBank Directors Vote to Sell
Barbara Banker started with nothing. She did not own a bank, nor did she have anything to place in the bank. Barbara lived in a midsized town and worked in the local hardware store where the store...
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Extension Granted to Allocate GSTT Exemption
Husband and Wife established irrevocable Trusts 1 and 2 primarily for the benefit of their children. While the Trusts had generation skipping transfer (GST) tax potential, it was also possible that a...
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Washington News - California Mudslide Relief
California Mudslide Relief
At 3:30 AM on January 9, an intense rainstorm dropped ½ inch of rain in five minutes just east of Santa Barbara, California. The hillsides north of Montecito had been cleared of most brush and trees by the record-breaking Thomas Fire in early December. With limited vegetation, the torrential downpour caused a flashflood of water, mud, rocks and debris to roar down Hot Springs Road. The massive mudslide destroyed 65 homes, claimed 20 lives and closed Highway 101. CalTrans mounted a 24-hour effort using mud pumps, tank trucks...
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Tax Cuts and Jobs Act
On December 22, 2017, the Tax Cuts and Jobs Act (TCJA) was enacted. The White House and Congress had three goals. First, they wanted to simplify the code by doubling the standard deduction. This would...
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