Posted On:
October 16, 2007
Before Using a Patented Tax Method for Estate Planning, Think about the effects of Notifying the IRS
One of the newest areas in Florida Estate Planning is the use of Patented Tax strategies for saving on estate taxes, and income taxes. The IRS has a new proposal that would require those who use these methods to report them to the IRS. Gerry W. Geyer with the Wills, Trusts and Estate Professors Blog reported this today. This could put a damper on the use of patented tax methods. Read IRS Reg 129916-07 on Patented Tax methods for more information on how this may affect you. You may want to speak with your Jacksonville Estate Planning Lawyer about this and other issues regarding your Florida estate planning techniques.
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