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Merry Christmas

Best wishes from our family to yours.

End of the Year TML

I subbed for Paul Daugherty’s The Morning Line blog in the Cincinnati Enquirer yesterday. I reviewed the year in sports with a Cincinnati perspective. I hope you like it.

 

Photo Credit:  Sarah Brookbank for Cincinnati Enquirer

License:  Fair Use/Education (from linked article)

Back From California

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Just returned from a four days in California Wine Country with Janice. Post to follow soon.

 

 

The Morning Line (Again)

Paul Daugherty of the Cincinnati Enquirer has once again graciously allowed me to guest write his The Morning Line blog.

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Estate Planning and Fiscal Cliff Diving

Happy New Year.  Moving into 2013, my previously mentioned horrible prognostication abilities did not end when 2012 ended.  I did not foresee Congress making the $5 million unified credit permanent.  The unified credit is the amount of money one can give away tax free during life or at death.  Although in some fairness, I am not sure anyone in the estate planning community foresaw it either.

Quick estate planning facts from the fiscal cliff legislation:

1.  Unified credit is $5 million and will be indexed for inflation.
2.  The estate tax rate will be 40%.
3.  The unified credit is portable which means that the first spouse to die does not need a trust to utilize the credit.

For the rest of 2013, I will be out of the prediction game save for Alabama defeating Notre Dame next week (with fingers crossed that I am wrong and ND wins the National Championship).

Contact Me

All Posts By Jay Brinker

I am an attorney located in Cincinnati, Ohio who practices in the areas of estate planning, probate, asset protection, and small business advice. I make a difficult and bewildering process as simple as possible. Most importantly, I provide "more for less" for my clients.