Divorce Estate Planning Opportunity- March 11, 2007 Adding flexibility to estate and tax plans is crucial given the uncertainties in our current estate tax laws and the uncertainties of our market and individual client situations. Creative estate planning attorneys have found a great number of ways to add this type of flexibility given specific client facts and goals. Private Letter Ruling 12572406 provides an example of one way that divorcing spouses can add flexibility to their tax and estate plans using property settlement agreements. The..http://www.colorado-estateplanning-attorney.com/2007/03/divorce-estate-planning-opportunit... Estate Plan Pitfall: Automatic Allocation of GST Exemption- March 4, 2007 Many estate planning clients put a lot of time, energy and money into structuring their estate plans in light of the uncertainties in our estate tax laws. These more complicated tax-motivated estate plans can produce additional tax problems for the unwary estate planning attorney and client. Private Letter Ruling 200709010 addresses the situation where an estate planning client creates an estate plan intending to effectively use their $1 million generation skipping transfer tax exemption, but.http://www.colorado-estateplanning-attorney.com/2007/03/estate-plan-pitfall-automatic |