Biden, Trump, McConnell, Pelosi, who will win? Does a “Blue Tide” really mean more taxes on you? And if there is a Democrat trifecta in the Administration and Congress, what are they going to do with taxes? Do you secretly want to see Chris Cuomo fight Tucker Carson in a steel cage match to determine the winner of the 5th Congressional District? What can you do to protect your assets now!??! My take: Who knows, so do not rush to do anything dumb. Betting on who will win elections and basing tax planning on assuming what policies the not-yet-winners will follow has proven time-and-again to be a waste of brain power. Some of the worst tax savings strategies have
In February 2019, Dan was privileged enough to contribute a video course for Lawline.com about “An In-Depth Look at Trusts: Answers to Your Most Commonly Asked Questions” The video is about how Trusts are now the primary way to manage the complexities of government benefits, creditor issues, taxes, and beneficiary protections. Trusts allow us to preserve family assets and do so without court oversight. But what kind of trusts are appropriate in which circumstances? How do we properly title trust accounts and beneficiaries designation forms? And how do we maximize tax deferral, creditor protection, and Medicaid-using trusts? This program, presented by estate planning attorney Daniel Timins, will answer all these questions and more. Additional topics to be discussed include testamentary
Learn about why Daniel Timins became a Certified Financial Planner and a Attorney specializing in Estate Trusts and Elder Law. Also learn how Daniel Timins can help you and what advice he gives client’s.
- Web Link: Reasons to Avoid Irrevocable Life Insurance Trusts
- Downloadable PDF: Reasons to Avoid Irrevocable Life Insurance Trusts
Dan is Part of the Committee on Trusts, Estates and Surrogate’s Courts of the New York City Bar Association: Proposal for Amendment to Legislation
- Web Link: Committee on Trusts, Estates and Surrogate’s Court
- Downloadable PDF: Committee on Trusts, Estates and Surrogate’s Court