In case you haven’t heard, the New Year brought a new law recently signed by the President. To avoid the country from falling off the “fiscal cliff,” the “American Taxpayer Relief Act” was approved on New Year’s Day. The approval and signing of this new law may affect the future of your estate plan and your estate taxes. Regarding federal estate taxes, this new law makes almost all of the previous tax provisions, commonly known as ”TRA 2010,” permanent, with the exception of the tax rate. … [Read more...] about We Dodged the Fiscal Cliff – How the New Tax Bill Affects You
There are only a few days left before the clock strikes midnight on December 31st and the tax law changes. Or will it? As of this writing, the law to which it will change will be the pre-EGTRRA/TRA law. In other words, currently in 2012, individuals with estates under $5.12 million are not subject to federal gift or estate tax. However, if this law expires, estates larger than $1 million will become taxable at the beginning of 2013 and we will back to a $1 million applicable exclusion per … [Read more...] about The Estate Tax Ball is About to Drop!
Essex Junction, VT – Respected Essex Junction attorney, Stephen A. Unsworth, attended an educational conference in Williamsburg, VA during the first week of May hosted by the American Academy of Estate Planning Attorneys. The Academy is the premier national educational organization promoting excellence in estate planning by providing member attorneys with research and vital updates in estate, tax, and business planning laws since 1993. Attorney Unsworth received training on new tools and … [Read more...] about STEPHEN UNSWORTH ATTENDS EXCLUSIVE CONFERENCE ON THE FUTURE OF ESTATE PLANNING
Stephen Unsworth was named one of the top attorneys in Vermont by Vermont Business Magazine, as they recently released their list of the top attorneys in the state. According to their website, "Over 20 law firms and over 100 attorneys are repsented. This list of top lawyers is comprised of Vermont lawyers designated by www.bestlawyers.com or www.superlawyers.com in peer-reviewed assessments." Stephen was named as a top attorney in the category of Trustees and Estate Law. … [Read more...] about Stephen Unsworth Named One of Vermont’s Top Lawyers by Vermont Business Magazine
Stephen Unsworth has been named as a “Super Lawyer” in the New England Super Lawyers magazine for the fifth year in a row! Nominees are chosen by their peers through extensive polling and independent research conducted by Law & Politics. Featured lawyers are considered to be the best in their professions and the attorneys named as Super Lawyers are limited to the top 5% in New England. … [Read more...] about Stephen Unsworth Named “Super Lawyer” for Fifth Consecutive Year!
In 2001, Congress passed a law that made big changes to the estate tax. It raised the amount that could pass without tax, increasing it in steps from $675,000 in 2001, to $3.5 million in 2009. Then, in 2010, the estate tax was repealed for one year only-2010. The same law also said that the estate tax would return in 2011, with estates over $1 million being taxed as high as 55%. However, on December 17, 2010, Congress revised the estate tax with yet another new law: the Tax Relief, … [Read more...] about How the New Estate Tax Exclusion Affects Your Estate Plan
Vermont – November 17, 2010: Estate Planning Attorney Stephen A. Unsworth, partner at Unsworth LaPlante, PLLC in Essex Junction, has been named Super Lawyer in Estate Planning and Probate for the fourth consecutive year by New England Super Lawyers. Attorney’s identified as “Super Lawyers” are considered to be in the top five percent of New England attorneys and the best in their profession. The selections for this esteemed list are made by the research team at Super Lawyers, which is a … [Read more...] about Stephen Unsworth Named Super Lawyer For Fourth Consecutive Year
Even though Congress has not yet acted on the sunset of the law concerning the Federal Estate Tax, which would result in taxing estates over $1 million starting in 2011, Shelburne resident, Attorney Stephen A. Unsworth is making sure he’s prepared for what unfolds. Attorney Unsworth attended an educational conference in San Diego, CA the first week of October hosted by the American Academy of Estate Planning Attorneys, which had a focus on planning strategies to handle the estate tax … [Read more...] about ESTATE TAX UNCERTAINTY DOESN’T STOP LOCAL ATTORNEY
Essex Junction, VT – Unsworth LaPlante, PLLC a leading estate planning law firm in Vermont has announced a new service that will help pet owners protect their pet’s future well-being. Dubbed the “Pet Trust,” this powerful legal document provides pet owners with the means to not only designate funds for their pet’s future care but also stipulate exactly what kind of care they expect. “Approximately 500,000 animals are abandoned every year due to the disability or death of their human … [Read more...] about Unsworth LaPlante Announces A New Way To Safeguard Pets
Introduction Picking the people who will carry out your estate plan can be a difficult and daunting task. In general though, the effort spent in selecting the right executor, trustee and attorney will pay off in reducing mistakes, delays, and costs and in enabling your wishes to be fulfilled. The Right Executor The executor is responsible for proving the will, collecting the assets, paying the creditors and expenses of the estate and distributing any remaining assets to the beneficiaries … [Read more...] about Selecting the Right Executor, Trustee and Attorney for your Vermont Estate