Feb 10, 2012

Posted by in Blog - "Altman Speaks"

The Super Bowl, Caribbean Style

For the past several winters, my wife, Liz, and I have taken a cruise to the Caribbean in order to get out of the cold and recharge our batteries.  This year, for a change of pace, we went to beautiful island of St. Thomas, US Virgin Island for a few days of sun and relaxation.  Not...

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Feb 9, 2012

Posted by in Blog - "Altman Speaks"

Proposed Changes in Senate Could Impact / Eliminate Stretch IRAs

Senate Finance Committee Chairman Max Baucus (D-Mont.) yesterday announced he will release a modified Chairman’s Mark of The Highway Investment, Job Creation and Economic Growth Act of 2012 ahead of the Committee’s consideration of the bill.  The modified mark will incorporate amendments...

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Feb 7, 2012

Posted by in Blog - "Altman Speaks"

In Support of an Outstanding Organization, Beethoven Found

Recently, I attended a concert for Project Blessing and a “Tribute to Wounded Warrior” hosted by Beethoven Found at The John F. Kennedy Center for the Performing Arts. Project Blessing supports the Lincoln Heights community with food and clothing, with the goal to provide shelter, warm...

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Jan 30, 2012

Posted by in Blog - "Altman Speaks"

Keeping the Family Farm: Lawmakers Agree that Lowering the Maryland Estate Tax Burden Could Help Farms Stay in Business

Maryland lawmakers have proposed legislation that would expand the Maryland estate tax exemption from $1 million to $5 million for estates in which the decedent owned a family farm.  (See Gazette article, “Senators Come Together Around Handful of Bipartisan Bills.”)  The proposed legislation...

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Jan 23, 2012

Posted by in Blog - "Altman Speaks"

Important 2012 Tax Changes: A Review

Below is a summary of tax changes effective as of January 1, 2012.  Please contact us to set up an appointment to discuss questions specific to your estate. Estate Tax The federal estate tax applicable exclusion amount increased from $5,000,000 to$5,120,000 per person for 2012.  The top...

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