Advanced Estate Plannning
Decoding the IDGT Debate: IRS Revenue Ruling 2023-2 and Its Impact on Estate Planning
Discover the implications of IRS Revenue Ruling 2023-2 on Intentionally Defective Grantor Trusts (IDGTs). The ruling clarifies that gifted assets to an IDGT are taxable to the grantor for income tax but do not receive a step-up in basis upon the grantor’s death. Learn how this affects estate planning strategies and asset protection for beneficiaries.
Five Things to Know Before Including a Limited Liability Company in Your Estate Plan
Jensen Law Office, PLLC 1833 N 105th St., Suite 301 Seattle, WA 98133Five Things to Know Before Including a Limited Liability Company in Your Estate Plan When it comes to protecting your hard-earned money and property, it is important that you have the right plan, which can include a number of tools for your unique situation. One tool that might benefit you is a limited liability company...
A Legacy Preserved: A Multigenerational Success Story with the Legacy Planning Model
Jensen Law Office, PLLC 1833 N 105th St., Suite 301 Seattle, WA 98133 A Legacy Preserved: A Multigenerational Success Story with the Legacy Planning Model Discover How Our Comprehensive, Customized Approach Helped the Anderson Family Safeguard Their Wealth and Pass on a Lasting Legacy As a way of introducing our Legacy Planning Model, I would like to introduce you to the hypothetical...
Retirement Planning Update
Jensen Law Office, PLLC 1833 N 105th St., Suite 301 Seattle, WA 98133 Retirement Planning Update Although we are still in the midst of winter, spring is on its way. It is important to remember upcoming April deadlines for retirement contributions and required minimum distributions (RMDs), but there have also been some recent developments that may impact your retirement planning. IRS...
Types of Life Insurance and How They Can Be Used in Estate Planning
Jensen Law Office, PLLC 1833 N 105th St., Suite 301 Seattle, WA 98133Types of Life Insurance and How They Can Be Used in Estate Planning Many of us do not start thinking about life insurance until we get our first full-time job and the company’s human resources representative asks us if we want to enroll in the employer’s group life insurance policy. Most people think “Why not?” and sign...
An Introduction to Dynasty Trusts
Jensen Law Office, PLLC 1833 N 105th St., Suite 301 Seattle, WA 98133 An Introduction to Dynasty Trusts When people create estate plans, they typically focus on handing down their money and property to their children, grandchildren, and other living heirs. But some people want to leave behind a more enduring legacy. For those interested in multigenerational wealth transfer, a dynasty...
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(206) 547-1412
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Seattle Office & Mailing Address:
1833 N 105th St, Suite 301
Seattle, WA 98133
Redmond Office:
Thinkspace Redmond
8201 164th Ave NE, 2nd Floor
Redmond, WA 98052