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A Better Partnership

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Nov 2010
08
November 08, 2010

Warner Norcross to Sponsor Estate Planning Update

The law firm of Warner Norcross & Judd LLP will sponsor an estate planning update on Wednesday, Nov. 17.

Attorneys Karen Kayes and David Waterstradt will lead the hour-long discussion on changes to estate, gift and generation-skipping taxes that are scheduled to take effect Jan. 1, 2011. Changes include:

  • Reappearance of the estate tax
  • Increase in the generation-skipping tax to 55 percent
  • Increase in the gift tax rate to a maximum of 55 percent

Kayes and Waterstradt will evaluate options that individuals should consider before the end of the year in order to take advantage of the current tax structures, including:

  • Tax-free gifting to grandchildren and others
  • Review of the structure and funding of trusts
  • Gifting options that take advantage of a low interest rates

The update will be held from 6:30-7:30 p.m. in the Blue & Gold Room of Muskegon Community College, 221 Quarterline Road. While there is no charge to attend, seating is limited and reservations are recommended. To reserve a place, call Robin Stromberg at 231.727.2600.

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About Warner Norcross & Judd

Warner Norcross & Judd is a corporate law firm with 220 attorneys practicing in six offices throughout Michigan: Grand Rapids, Holland, Lansing, Muskegon, Southfield and Sterling Heights. The firm has more than 75 practice groups that work in virtually all areas of business and civil law. By providing sound legal advice and alternative billing options, Warner Norcross & Judd forges a better partnership with its clients.

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