Joseph N Frabizzio

November 12, 2020 | The Legal Intelligencer

Given these potential shifts in tax policy that would upend several provisions passed under the Trump administration, this article provides an overview of areas that merit attention from taxpayers and tax planners going into 2021 and, in some cases, ways that tax planning can help mitigate the impact of these potential changes when planning year-end tax strategies.

By Joseph N. Frabizzio

7 minute read

May 18, 2020 | The Legal Intelligencer

Estate planning strategies such as family limited partnerships and gifts to charitable trusts are part of an estate planning professional's toolbox to achieve client goals such as minimizing taxes, effectuating philanthropic plans, teaching younger generations about a family business and passing on wealth.

By Joseph N. Frabizzio

11 minute read

February 18, 2020 | The Legal Intelligencer

Over the past few years, we have received a growing number of inquiries regarding the taxation of so-called virtual or cryptocurrencies from individuals who have purchased such currency and others who are mining the currency.

By Joseph N. Frabizzio

9 minute read

November 14, 2019 | The Legal Intelligencer

This article provides an overview of issues that trusts and estates practitioners need to consider with regard to marriage and divorce, whether in the planning stages or in the administration of a trust or estate, as well as statutory provisions that attempt to solve for a failure to provide for a spouse or to make changes to a plan drafted prior to a divorce.

By Joseph N. Frabizzio

9 minute read

August 27, 2019 | The Legal Intelligencer

Clients, particularly those on the younger side, often balk at the document execution requirements imposed when it comes time to sign their wills. They have become comfortable signing real estate documents via online signature.

By Joseph N. Frabizzio

8 minute read

May 20, 2019 | The Legal Intelligencer

The U.S. Supreme Court recently heard oral arguments in a case, 'North Carolina Department of Revenue v. Kaestner 1992 Family Trust,' in which a trust challenged a North Carolina law that taxes resident-beneficiaries on the income earned and retained by a nonresident trust.

By Joseph N. Frabizzio

8 minute read

February 18, 2019 | The Legal Intelligencer

Trusts are a fundamental estate planning tool. While they can be used in a straightforward manner, they also offer the flexibility to provide solutions for unique and sometimes difficult situations.

By Joseph N. Frabizzio

8 minute read

November 15, 2018 | The Legal Intelligencer

Employment-based retirement plans offer significant advantages to employees over the options individuals might have on their own, with the ability to use otherwise taxable compensation for the purpose of saving for retirement.

By Joseph N. Frabizzio

7 minute read

August 27, 2018 | The Legal Intelligencer

News outlets recently flooded social media with headlines about the rise of “401(k) millionaires” in the wake of an analysis by Fidelity Investments which touted the increased number of its 401(k) plans with at least a $1 million balance.

By Joseph N. Frabizzio

7 minute read

May 21, 2018 | The Legal Intelligencer

As retirement approaches, a primary concern is most likely whether you have accumulated sufficient assets to provide for the life you envisioned after the end of your active career. For those who are fortunate enough to have a well-funded retirement, a secondary thought is what happens if my assets outlive me.

By Joseph N. Frabizzio

8 minute read