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Daniel Van Slyke is an estate planning attorney licensed to practice law in California, Texas, and Missouri. On this channel, he discusses estate and tax planning, special needs planning, business...
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Daniel Van Slyke is an estate planning attorney licensed to practice law in California, Texas, and Missouri. On this channel, he discusses estate and tax planning, special needs planning, business planning, and related topics. Nothing on this channel is legal advice. I cannot give you legal advice without learning about you and your estate and analyzing your goals and concerns. This channel does not create an attorney-client relationship. No attorney-client relationship exists between us unless we both have signed an attorney-client engagement agreement.
Mission. The mission of Daniel Van Slyke, Attorney at Law is threefold: (1) to give you and your family peace about your estate; (2) to help keep your estate, business, and family out of court; (3) and to protect your legacy from creditors, predators, and indiscretion. Daniel will take the time to learn about you and your estate, to discuss your goals and concerns, and to carefully craft a plan to help you meet your goals. Daniel also will explain clearly all you need to know so you will understand your plan and how to manage it.
Remote Services. The Firm conducts business remotely. Daniel is an attorney licensed to practice law in California, Texas, and Missouri. Wherever you are in California, Texas, or Missouri, Daniel can prepare or update your estate or business plan from the comfort of your own home, without the need for in-person visits or travel.
show less
Mission. The mission of Daniel Van Slyke, Attorney at Law is threefold: (1) to give you and your family peace about your estate; (2) to help keep your estate, business, and family out of court; (3) and to protect your legacy from creditors, predators, and indiscretion. Daniel will take the time to learn about you and your estate, to discuss your goals and concerns, and to carefully craft a plan to help you meet your goals. Daniel also will explain clearly all you need to know so you will understand your plan and how to manage it.
Remote Services. The Firm conducts business remotely. Daniel is an attorney licensed to practice law in California, Texas, and Missouri. Wherever you are in California, Texas, or Missouri, Daniel can prepare or update your estate or business plan from the comfort of your own home, without the need for in-person visits or travel.
iPlan Law - Estate Planning
iPlan Law - Estate Planning
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Revocable Living Trusts Explained
18 FEB 2024 · The revocable living trust often serves as the foundation of an estate plan. But what is it? This video addresses the definition, advantages, and limitations of a revocable living trust. In addition to other advantages, revocable living trusts enable the grantors who establish the trust to keep their estates out of court in the event of incapacity and after their deaths. However, revocable living trusts only control assets that are funded to the trust, and some assets should not be funded to the trust or pass by other means. Therefore the revocable living trust is an essential part of a complete estate plan, but is not sufficient in itself.4m 30s -
What is a Trust?
18 FEB 2024 · From the perspective of estate planning, what is a trust? This video briefly explains the basic concepts of a trust, namely, the trust’s purpose, grantor, funding, beneficiary, beneficial interest, and trustee. This is the foundational video of iPlanLaw’s educational series on estate planning.6m 42s -
03 Federal Trust Planning Taxes
18 FEB 2024 · There are four major types of federal tax to consider when planning your estate: income tax, estate tax, gift tax, and generation skipping transfer tax. This presentation briefly introduces five key concepts and terms related to each tax, namely: Grantor Trust Status, Estate Inclusion, Completed Gift, Basis Adjustment, and Generation Skipping Transfer Tax.4m 43s -
The Impending Deadline for the Estate Tax Exemption
18 FEB 2024 · This presentation clearly explains the federal estate tax, the estate tax exemption, and the impending deadline of January 1, 2026 for the sunset of high estate tax exemption rates, and what that means for estate planning for high net worth families.4m 32s -
Dynasty Trusts
18 FEB 2024 · Dynasty trusts save large amounts in taxes, protect your inheritance, and preserve your values for generations. This presentation explains the basics of dynasty trusts, how they work to save death taxes, their advantages, and some of their disadvantages.5m 13s -
How the IRS Categorizes Trusts
18 FEB 2024 · How does the IRS categorize trusts from a tax perspective? The IRS divides trusts into three basic categories: simple trusts, complex trusts, and grantor trusts. Why does the way the IRS categorizes taxes matter? These distinctions can result in widely different income tax bills because trusts get taxed at a higher rate than most individuals.3m 33s -
Blind Trusts
18 FEB 2024 · What is a blind trust? Blind trusts are not trusts for people who cannot see, and they are not asset protection trusts. Blind trusts are primarily for politicians and government officials.2m -
Why a Trust's Location Matters
18 FEB 2024 · Why does a trust’s situs or location matter? The location of a trust can have huge consequences on taxes. States impose different income taxes and estate taxes on trusts. Some states allow trusts to exist longer than other states and so make better choices for establishing Dynasty Trusts. Some states authorize self-settled spendthrift trusts, and so make the only choices for establishing Domestic Asset Protection Trusts. This video explores five topics regarding a trust’s location: state income tax, state estate and inheritance tax, state limits on trust duration, states with asset protection trusts, and other location considerations.5m 14s -
Credit Shelter Bypass Trusts Explained
18 FEB 2024 · The Credit Shelter Trust goes by many names. A Credit Shelter Trust may be called a Bypass Trust or B Trust, a Unified Credit Shelter Bypass Trust, or a Non-Marital Trust. This type of trust typically appears within the estate plan of a married person. When one spouse dies, the Credit Shelter Trust springs into existence. With careful planning, the Credit Shelter Trust can maximize the estate tax exemption of the first spouse to die, prevent disinheritance of the first spouse’s beneficiaries, and protect assets for those beneficiaries and the surviving spouse. On the downside, the assets in the Credit Shelter Trust do not receive a basis adjustment for capital gains tax considerations when the surviving spouse dies. Outdated trusts may have Credit Shelter Trust plans that no longer have the spouse’s intended results now that the estate tax exemption amount is high and portability is available for the surviving spouse. More flexible updated approaches use Disclaimer Trust or Clayton Election provisions.9m 56s -
Crummey Trusts Explained
18 FEB 2024 · Crummey Trusts offer an excellent tool for passing on wealth without gift or estate taxes. Grandparents can use Crummey Trusts to pass on wealth with generation skipping transfer taxes (GSTTs). This video discusses the use of Crummey Trusts in Estate Planning, their tax consequences, and their requirements. They’re not crummy, and they’re definitely not crumby!6m 44s
Daniel Van Slyke is an estate planning attorney licensed to practice law in California, Texas, and Missouri. On this channel, he discusses estate and tax planning, special needs planning, business...
show more
Daniel Van Slyke is an estate planning attorney licensed to practice law in California, Texas, and Missouri. On this channel, he discusses estate and tax planning, special needs planning, business planning, and related topics. Nothing on this channel is legal advice. I cannot give you legal advice without learning about you and your estate and analyzing your goals and concerns. This channel does not create an attorney-client relationship. No attorney-client relationship exists between us unless we both have signed an attorney-client engagement agreement.
Mission. The mission of Daniel Van Slyke, Attorney at Law is threefold: (1) to give you and your family peace about your estate; (2) to help keep your estate, business, and family out of court; (3) and to protect your legacy from creditors, predators, and indiscretion. Daniel will take the time to learn about you and your estate, to discuss your goals and concerns, and to carefully craft a plan to help you meet your goals. Daniel also will explain clearly all you need to know so you will understand your plan and how to manage it.
Remote Services. The Firm conducts business remotely. Daniel is an attorney licensed to practice law in California, Texas, and Missouri. Wherever you are in California, Texas, or Missouri, Daniel can prepare or update your estate or business plan from the comfort of your own home, without the need for in-person visits or travel.
show less
Mission. The mission of Daniel Van Slyke, Attorney at Law is threefold: (1) to give you and your family peace about your estate; (2) to help keep your estate, business, and family out of court; (3) and to protect your legacy from creditors, predators, and indiscretion. Daniel will take the time to learn about you and your estate, to discuss your goals and concerns, and to carefully craft a plan to help you meet your goals. Daniel also will explain clearly all you need to know so you will understand your plan and how to manage it.
Remote Services. The Firm conducts business remotely. Daniel is an attorney licensed to practice law in California, Texas, and Missouri. Wherever you are in California, Texas, or Missouri, Daniel can prepare or update your estate or business plan from the comfort of your own home, without the need for in-person visits or travel.
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