Get Ahead: Master Your Estate Plan for the 2025 Tax Bracket Changes!
Adapting Your Estate Plan for 2025 Tax Changes: Insights for new Yorkers As 2025 draws near, it’s essential for residents of New York to consider how upcoming tax bracket changes might influence their estate planning. In particular, the anticipated 2.8% inflation adjustment could alter both federal and state tax regulations, affecting estate tax limits, […]
Bridging Tradition and Modern Practice: Enhancing Healing on the Therapist’s Couch
Exploring the Evolution of Therapy As a legal professional deeply involved in human interactions and conflict resolution, I often contemplate the symbolic significance of the therapist’s couch. While my work at Morgan Legal Group primarily focuses on estate planning, probate, and guardianship, I have come to view the couch as a potent symbol of personal […]
Unlock Your Legacy: How Charitable Trusts Can Transform Your Estate Plan for 2025 and Beyond
Planning Your Estate in 2025: Leveraging Charitable Trusts Approaching the year 2025, it is essential to consider a well-rounded estate plan that encompasses your personal, financial, and philanthropic objectives. Incorporating charitable trusts into your estate planning can be a strategic way for New York residents to optimize tax efficiency while also contributing to causes that […]
Maximize Your Savings: Unleashing the Power of the 2025 Gift Tax Exclusion Increase
Leveraging the 2025 Gift Tax Exclusion for Estate Planning in New York At Morgan legal Group, our experienced estate planning lawyers understand the significance of strategic planning to protect your wealth and heritage. Specifically, the expected rise in the annual gift tax exclusion to $19,000 per recipient in 2025 presents a valuable opportunity for New […]
Unlock Your Legacy: How Charitable Trusts Can Transform Your Estate Plan for 2025 and Beyond
Planning Your Estate in 2025: Leveraging Charitable Trusts Approaching the year 2025, it is essential to consider a well-rounded estate plan that encompasses your personal, financial, and philanthropic objectives. Incorporating charitable trusts into your estate planning can be a strategic way for New York residents to optimize tax efficiency while also supporting causes that are […]
How the 2024 Election Could Transform Your Estate Planning Strategy
The 2024 Election and Its Influence on Estate Planning: A New York Outlook As seasoned professionals in estate planning, the team at Morgan Legal Group understands the considerable unpredictability surrounding tax legislation,especially with the upcoming 2024 elections. In particular, elections can lead to policy changes that might directly impact estate tax regulations and overall strategies […]
Unlocking the Benefits: How to Maximize the Increased Gift Tax Exclusion in 2025
Maximizing the 2025 Gift Tax Exclusion for Estate planning in New York At Morgan legal Group, our seasoned estate planning attorneys recognize the importance of strategic planning to safeguard yoru wealth and legacy. In particular, the anticipated increase in the annual gift tax exclusion to $19,000 per recipient in 2025 offers a valuable chance for […]
How the 2024 Election Could Transform Your Estate Planning Strategy
The 2024 Election and Its Influence on Estate Planning: A New York Outlook As seasoned professionals in estate planning, the team at Morgan Legal Group understands the considerable unpredictability surrounding tax legislation,especially with the upcoming 2024 elections. In particular, elections can lead to policy changes that might directly impact estate tax regulations and overall strategies […]
Navigating New York’s Estate Tax ‘Cliff’ to Safeguard Your Wealth
Effective Strategies for Navigating New York’s Estate Tax Our team at Morgan Legal Group comprises skilled estate planning lawyers who possess in-depth knowledge of New York’s estate tax laws. One crucial aspect to consider is the state’s unique “cliff” effect, where the entire estate can be taxed if it exceeds a specific threshold, rather than […]
Unlocking Estate Planning: How Russel Morgan Combines Empathy with Expertise
Customized Estate Planning Services to Safeguard Your Family Engaging in estate planning is an essential step to ensure that your assets are allocated according to your preferences, while also minimizing tax liabilities and easing the administrative load on your family.Despite its importance, approximately 66% of Americans do not have a will or trust, leaving many […]