TAX PLANNING TIPS & TRAPS
Thursday, November 8, 2012
6:30PM - 8:30PM
ATTORNEYS CARL C. FIORE AND REBECCA GORNBEIN ON HOW THE HIDDEN TAX IMPLICATIONS OF SAME-SEX MARRIAGE IMPACT PLANNING YOUR FINANCIAL FUTURE.
On Thursday, November 8, Out Professionals and OP.LYNX, our dynamic women's network, welcome you to a fact-filled seminar on the hidden tax implications of New York's recent legalization of same-sex marriage.
Background: Last February, President Obama, in a striking legal and political shift, determined that the Defense of Marriage Act (DOMA) -- the 1996 law that bars federal recognition of same-sex marriage -- is unconstitutional, and directed the Justice Department to cease defending the law in court. In June, New York State lawmakers voted to legalize same-sex marriage.
During the last three months, DOMA was found unconstitutional in two court cases. These cases will be appealed to the Supreme Court. What if DOMA is overturned?
Meanwhile, how does legalization affect estate planning -- pre-nups, wills, property ownership, healthcare proxies, pensions?
What are the tax implications -- joint returns, taxable benefits, income and estate taxes, medical insurance?
What tax benefits might you gain from a New York marriage? What tax benefits are you denied by the Feds?
If you file as married, will you pay more? How can you protect each other if you choose not to marry?
For vital tips on avoiding DOMA tax traps, join us in the midtown offices of WTAS on Thursday evening, November 8.
Carl C. Fiore, JD, LLM serves WTAS as Managing Director/New York. As a lead member of the firm's estate planning group, Carl works with families and businesses to develop and implement wealth maximization plans. He has been published in "Trusts and Estates" and he is a member of the New York State and American Bar Associations.
Rebecca M. Gornbein, JD serves WTAS as Senior Manager/New York. She specializes in tax planning and compliance for high-net-worth individuals and families and is a member of the firm's family wealth planning group. Rebecca is admitted to the New York State Bar.
WTAS, 1177 Avenue of the Americas (45th-46th Streets), 18th floor auditorium. Subway: B/D/F/M to Rockefeller Center. N/Q/R to 49th Street. 1/2/3/7/S to 42nd Street. Directions from where you are: hopstop.com
Networking and socializing, 6:30 p.m.; complimentary wine and hors d'oeuvres. Seminar and Q&A, 7:00 p.m.
Purchase your ticket at the event Nonmember, $20. Dues-paying OP Member, just $10.
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