Erin MacDonald

Estate and tax planning enthusiast; partner, Best Best & Krieger LLP; fellow, ACTEC; outdoor adventurer; philanthropist; and mom. *Advertising Materials*

[Erin MacDonald @erinkmacdonald]

Wow. Haven’t posted in a while, so I think I’ll start here … #estateplanning #estateplanner #taxplanning #blendedfamily

[Frazer Rice @frazerrice]

GENE HACKMAN'S ESTATE PLANNING LESSONS REVEALED!
https://t.co/6Ta1ZscHCw

[Jeff Levine, CPA/PFS, CFP® @CPAPlanner]

A short 🧵(1/x)

🚨Breaking News🚨

IRS just released its latest RMD Guidance for beneficiaries of IRAs, 401(k)s, etc. who are subject to the "new" 10-Year Rule created by the original SECURE Act.

Actual text: https://t.co/eVffWWWe7b

Here are the 2 most important takeaways...

[Kelly Phillips Erb @taxgirl]

Treasury has finally released the IRS contingency plan which reveals that during the shutdown, about 2/3 of IRS employees will be furloughed. Here’s a look at what the IRS will—and won’t—be doing if a shutdown happens. #IRS #shutdown

https://t.co/vnBprgRvC4

[National Law Review @natlawreview]

Diving Into SECURE 2.0: New #DOL Lost and Found, Updates to EPCRS, and Delayed Implementation of# Roth Catch-Up Requirement #SECURE
https://t.co/GAb0LjMbyI

[Best Lawyers @BestLawyers]

Legal marketers should remain wary of relying too heavily on #ArtificialIntellegence when aiming to increase their efficiency with daily tasks.

Read about #AI limitations here: https://t.co/okIY3lxEH2

[To Coin a Phrase @FergusonWellman]

Having healthy money habits is important, no matter how old you are. In this month’s wealth management blog, Josh Frankel, CFP®, discusses tips for developing healthy money habits for children of all ages, and why it’s never too late to start. https://t.co/dKvwuGT0Ee

[Justin Miller @justinmilleresq]

Families that successfully transfer wealth often think long and hard about what they are trying to preserve – and why they are trying to preserve it. Check out my latest @EvercoreWealth Independent Thinking article. https://t.co/Mps4YXRuRB

[Lorilyn Zabransky, CPA, PFS @LoZabransky]

Grant money for accounting firms in Oregon assisting socially and economically disadvantaged individuals in - see below if you might qualify 😌 #taxtwitter

[ACTEC @ACTECNEWS]

Secure your child's future: Start estate planning now! Ensure their assets, healthcare, and decisions are protected. #PlanForYourFuture #parentalguidance #collegestudent #parentsofcollegestudents #EstatePlanningMatters https://t.co/E6iJ88CYFS

[ACTEC @ACTECNEWS]

Understand what’s involved in the role of a property or financial Power of Attorney (POA), what’s entailed, and what questions you should ask yourself. #EstatePlanning #powerofattorney #ACTEC #ACTECFellow https://t.co/Wp4KK0aKWG

[Jeff Levine, CPA/PFS, CFP® @CPAPlanner]

🚨Breaking News🚨

In Notice 2023-54, the IRS just answered the #1 question on many advisors’ minds…

Q: Do beneficiaries subject to the 10-Year Rule who inherited from someone dying on/after their RBD need to take an RMD this year?

A: NO! (At least not for 2023)

Full text of Notice: https://t.co/KBec7ZHKZd

[Erin MacDonald @erinkmacdonald]

@wealthandlaw Where r u?

[Erin MacDonald @erinkmacdonald]

@wealthandlaw @ACTECNEWS Drats! Sorry to be missing the fun.

[ACTEC @ACTECNEWS]

Attorneys explain the responsibilities and risks of being a trustee of a trust, a role that involves significant legal and ethical obligations. #EstatePlanning #trustee #ACTEC #ACTECFellow https://t.co/Q95uVM7ghu

[ACTEC @ACTECNEWS]

The founder of Patagonia clothing transferred $3B of stock to a Purpose Trust. What is a Purpose Trust and how does it meet Patagonia's corporate objectives? #patagonia #estateplanning #ACTEC #ACTECFELLOW https://t.co/OKZpuAjm6u

[Erin MacDonald @erinkmacdonald]

Ninth Circuit Finds Heirs Personally Liable for Unpaid Taxes https://t.co/W8fH0HPvUW #estateplanning #estatetax

[Kay Bell @taxtweet]

IRS announces high-deductible health plan, HSA & HRA inflation bumps for 2024 https://t.co/mwqW09EXTs

[Justin Miller @justinmilleresq]

Are you familiar with “Non-Grantor Irrevocable Complex Discretionary Spendthrift Trusts?” In my latest @ACTECNEWS podcast, I address how such trusts are being appropriately used and how they are being potentially abused. #ACTEC

[Kelly Phillips Erb @taxgirl]

Taxpayers Roy A. Nutt and Bonnie W. Nutt electronically filed a petition in Tax Court to contest a Notice of Deficiency from the IRS. But a time zone snafu resulted in a dismissal.
(H/T @Narfnampil)
https://t.co/Wq4TlSFSke via @forbes

[Erin MacDonald @erinkmacdonald]

Why #EstatePlanning isn’t only for the wealthy https://t.co/Io8enDdpHJ