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October 2022
Associate, Christen Butler, has been elected to serve on the Alabama State Bar Family Law Section Board of Directors in the position of Treasurer. The Section monitors legislation and appellate court opinions that affect family law practitioners and keeps Section members apprised of significant legislative and case law changes. Membership is open to all members...
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Associate, Alex Priester has been chosen as a member of the Estate Planning Council of Birmingham.  The Council was established by a group of forward-looking individuals who recognized the need of combining the efforts of attorneys, accountants, trust officers, and life insurance underwriters in the best interests of their clients.  The Estate Planning Council of...
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Hedge your bets with a SLAT One of the biggest challenges of estate planning is dealing with uncertainty. For 2022, for example, the federal gift and estate tax exemption is $12.06 million, but it’s scheduled to be cut in half after 2025. And some lawmakers would like to shrink it even more. Given the uncertainty...
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Some assets pose more of a challenge than others when it comes to valuing and accounting for them in an estate plan. Take, for instance, your art collection. If you possess paintings, sculptures or other pieces of art, they likely represent a significant portion of your estate. Here are a few options available to address...
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Setting up an investment account for your minor child can be a tax-efficient way of saving for college or other expenses. And one of the simplest ways to invest on your child’s behalf is to open a custodial account under the Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA). These...
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Portability helps minimize federal gift and estate taxes by allowing a surviving spouse to use a deceased spouse’s unused gift and estate tax exemption amount. Currently, the exemption is $12.06 million, but it’s scheduled to return to an inflation-adjusted $5 million on January 1, 2026. Some lawmakers have proposed lowering the amount even further. Portability...
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  Chambers & Partners has released its 2022 edition of Chambers High Net Worth Guide and Dominick Feld Hyde is one of five firms in Alabama to be recognized in the Private Wealth Law division.  Dale Stone and Brian Williams were also recognized individually as ranked Alabama lawyers in the practice of Private Wealth Law.  Chambers also listed Susan Doughton...
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Article co-authored by DFH attorneys Brian Williams and Alex Priester featured in the September issue of the Alabama Lawyer. Click here to read. View Article
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