Longmont Boulder CO Estate Planning Attorney 2018 Update Released

Longmont & Boulder, CO estate planning law firm the Carlson Law Office announced the release of the 2018 estate planning update and the consequent need to review estate plans. The update details tax changes stipulated by the Tax Cuts and Jobs Act of 2017.

Longmont, United States – March 5, 2018 /PressCable/ —

Longmont & Boulder, CO estate planning attorney Marc R. Carlson, Esq. and his law firm Carlson Law Office announced the release of the 2018 estate planning update. The new update covers multiple changes to the tax codes affected by the Tax Cuts and Jobs Act of 2017 that came into effect at the beginning of 2018.

More information about the Carlson Law Office is available at https://carlsonlawoffice.org

The doubling of the Federal estate, gift and generation-skipping transfer (GST) tax exemption amounts from $5 million per individual to $10 million per individual is a significant feature of the new act. Under the previous law, estates exceeding $5.6 million in value would be subject to a tax slab of 40 percent at the time of death. The new law increases this threshold to $11.2 million dollars per person and by extension, $22.4 million.

Clients of the Carson Law Office now have access to credible and detailed information about the new estate planning guidelines, planning assistance, and advisory services. This information is expected to be delivered via a free consultation covering education and estate planning analysis. The Longmont, CO estate planning attorney’s office recommends a detailed review of all existing estate plans in view of the tax changes that also cover income and inheritance.

The law firm provides professional legal services covering the setting up of wills, trusts, and probate law, protection planning for minors, as well as legacy planning, beneficiary planning & designations. The firm’s services also cover joint tenancy law and business succession planning.

According to a spokesperson for the Boulder County estate planning firm, “Changes ushered in by the Tax Cuts and Jobs Act necessitate a review of all existing estate plans. At the Carson Law Office, we are committed to help our clients review, understand, and respond to these changes.”

Headed by Albert Nelson Marquis Lifetime Achievement Award-winning attorney Marc R. Carlson, Esq., Carlson Law Office is a planning and advisory law firm specializing in creative, strategic, comprehensive, and customized estate planning solutions. Marc Carlson has won several professional awards is a recognized authority and lecturer on the subject of wills & trusts across Boulder County. He is one of America’s top-rated and awarded legal professionals by the American Law Society and other professional organizations. More information is available at the URL above.

Contact Info:
Name: Marc Carlson
Email: marc@carlsonlawoffice.org
Organization: Carlson Law Office,LLC
Address: 1729 Terry Street Suite 300, Longmont, Colorado 80501, United States
Phone: +1-303-775-1112

For more information, please visit https://www.carlsonlawoffice.org

Source: PressCable

Release ID: 308722