Gov. Jim Justice appears at an anti-Amendment 2 event in Mercer County Tuesday afternoon. (Photo courtesy of the WV Governor’s Office) CHARLESTON — Gov. Jim Justice has been traveling around the state ...
Tangible personal property – that is, property (other than land or buildings) that you can see or touch – is a special asset class in many estates. A client’s tangibles include their jewelry, clothing ...
Today’s question is: If you’re married, who owns the untitled tangible personal property in your household? What we’re talking about are sofas, chairs, tables, beds, big-screen TVs, stamp collections, ...
COST SEGREGATION CAN PROVIDE REAL ESTATE purchasers with tremendous tax benefits from accelerated depreciation deductions and easier write-offs when an asset becomes obsolete, broken or destroyed.
Learn about chattel as movable personal property and how it's used in chattel mortgages, including examples like mobile homes ...
Question: My lawyer drew up my will in 1993 but it does not mention the jewelry I want to pass to my daughters and granddaughters. Do I have to redo it? Answer: Jewelry is considered tangible personal ...
The Tax Cuts and Jobs Act of 2017, which went into effect Jan. 1, 2018, is the most comprehensive federal tax changes in a generation. The Act will have a major impact on estate tax planning going ...
Editor’s note: In this commentary, Jeff Scroggin and Michael Burns underscore the importance of planning for the disposition of tangible personal property, which, as they so cogently point out, is ...