Estate Planning Attorneys Big Island : Probate & Elder Law Attorneys in Big Island, VA

Estate Planning, Probate & Elder Law Attorneys

 

Estate Planning, Probate & Elder Law Big Island, Virginia

Big Island Estate Planning & Probate Attorneys

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Vitt Law Offices, PLC

TEL (434) 971-3025 |  Charlottesville, VA

Mr. Vitt first became interested in estate planning in law school while taking an estate taxation course. As an attorney, he always has found it more rewarding to help people plan, and assist them in ...(more)



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ESTATE PLANNING, PROBATE & ELDER LAW NEWS

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Premarital agreements are hard to draft because they can deal with various areas of law. Estate planning and family law are the two biggies, but many different areas of property law can be affected. For instance, I recently was working on a premarital agreement, and the other attorney suggested that, if my client made contribution to his own retirement plan during his marriage, he had to make an equal contribution to his wife's retirement plan. Luckily I realized that the contribution limits for my client's retirement plan (a 401k) and his wife's plan (IRA) were not the same, so we were able to change the language in time. This is one of the reasons why I like working with a non-estate planner on a prenup, and if possible working collaboratively -- we can review the agreement from many different perspectives to make sure it "works."

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» McCain and Obama Tax Policies

Here (as a 58-page PDF) is a document detailing them, from the Tax Policy Center (a joint venture of the Urban Institute and the Brookings Institution). Page references below are to the pagination shown in the document itself:

Summary chart: page 6 (also a nice comparison on pages 37-9)

Senator McCain and the estate tax: page 8, 15, 17

Senator Obama and the estate tax: page 10, 19, 22-3

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