Tag: neal nusholtz

William B. Acker – Litigation and Controversy – Tax, Real Estate Law, Tax Law, and Trusts & Estates

C. Leslie Banas – Corporate Law and Real Estate Law

Cynthia E. Brazzil – Corporate Law

Richard C. Bruder – Closely Held Companies and Family Businesses Law

Joseph P. Buttiglieri – Litigation – Trusts & Estates

Ralph A. Castelli, Jr. – Corporate Law and Real Estate Law

Mark R. Filipp – Litigation – Labor and Employment

Brian R. Jenney – Elder Law and Trusts & Estates

David D. Marsh – Real Estate Law

Alan A. May – Litigation – Trusts & Estates and Trusts & Estates

Norman D. Orr – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law and Corporate Law

Thomas C. Rauch – Real Estate Law

Brian H. Rolfe – Commercial Litigation

Stuart Sinai – Securities Regulation

Amy A. Stawski – Family Law

Thomas V. Trainer – Elder Law and Trusts & Estates

Michael D. Umphrey – Business Organizations (including LLCs and Partnerships) and Trusts & Estates

Robert S. Zawideh – Arbitration and Litigation – Trusts & Estates

Kemp Klein Attorney Neal Nusholtz was featured on the Institute of Continuing Legal Education’s website for his expertise in Tax Law. 

Tax Law Basics for Probate and Estate Planning Attorneys

Help build your estate planning practice by mastering key tax law concepts. Our expert explains the unified credit, unlimited marital deduction, general powers of appointment, disclaimers, and more.

Neal Nusholtz explains the unified credit:

“Unified Credit is a dollar amount that determines if you pay estate and gift taxes. It’s used for both and any amount of gifts that are made will reduce the remaining amount of the unified credits. For example, If the unified credits were ten million dollars and you made a million dollars of gifts your remaining unified credit would be nine million dollars. It’s the number over which you pay over 40% estate or gift tax if you exceed that number”.

Mr. Nusholtz’s seminar Tax Law Basics for Probate and Estate Planning Attorneys can be viewed via the following link: https://www.icle.org/modules/seminars/video.aspx?ID=1_vmhdxuap&SEQN=702