March, 2012
Alisa Parenti
Estate planning may not be your idea of a good time, but the conditions are as good as they’ve
been in a while.
Eido Walny
We’ve got really an overall economic picture that makes now perhaps the best time in recent
memory or anybody’s memory to do this sort of planning.
Alisa Parenti
Attorney Eido Walny says that that’s due to lower interest rates and for a short time a higher
level for the federal gift tax exemption. It’s going from $1 million to $5 million.
Eido Walny
What we’re looking at is an opportunity that really is going to be going away in the next 9
months.
Alisa Parenti
Walny says you may have more in terms of taxable assets than you realize, including life
insurance and he says as you prepare this year’s return, it’s a good idea to start dealing with
2012.
Eido Walny
The natural instinct for the taxpayer is to wait, wait until congress makes a decision, wait until
the end of the year, wait until after the elections – let’s wait and see where the chips fall and
then make decisions from there. In this particular case that’s going to be a really fatal mistake.
Alisa Parenti
From the Market Watch.com Newsroom Alicia Parenti, Newsradio 780 and 105.9 FM WBBM.WBBM Parenting Estate Planning Transcript
WBBM Business News – Parenting Estate Planning Transcript – October 14, 2012
Alisa Parenti
Estate planning may not be your idea of a good time, but the conditions are as good as they’ve
been in a while.
Eido Walny
We’ve got really an overall economic picture that makes now perhaps the best time in recent
memory or anybody’s memory to do this sort of planning.
Alisa Parenti
Attorney Eido Walny says that that’s due to lower interest rates and for a short time a higher
level for the federal gift tax exemption. It’s going from $1 million to $5 million.
Eido Walny
What we’re looking at is an opportunity that really is going to be going away in the next 9
months.
Alisa Parenti
Walny says you may have more in terms of taxable assets than you realize, including life
insurance and he says as you prepare this year’s return, it’s a good idea to start dealing with
2012.
Eido Walny
The natural instinct for the taxpayer is to wait, wait until congress makes a decision, wait until
the end of the year, wait until after the elections – let’s wait and see where the chips fall and
then make decisions from there. In this particular case that’s going to be a really fatal mistake.
Alisa Parenti
From the Market Watch.com Newsroom Alicia Parenti, Newsradio 780 and 105.9 FM WBBM.
