Funding long-term care expenses: What are your options?
Few things can derail your estate plan as quickly as unanticipated long-term care (LTC) expenses. Most people will need some form of LTC — such as a nursing home or...more
2/23/2023
/ Asset Management ,
Beneficiaries ,
Estate Planning ,
Family Members ,
Financial Planning ,
Inheritance ,
Long Term Care Insurance ,
Long-Term Care ,
Trusts ,
Wealth Management ,
Wills
Rising rates spark interest in charitable remainder trusts -
If you wish to leave a charitable legacy while generating income during your lifetime, a charitable remainder trust (CRT) may be a viable solution. In addition...more
10/25/2022
/ Asset Management ,
Estate Claims ,
Estate Planning ,
Estate Tax ,
Inheritance ,
IRS ,
Life Insurance ,
Retirement Funds ,
Tax Planning ,
Trustees ,
Trusts ,
Wealth Management
Estate planning for the happily married - 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...more
You’ve received an inheritance: Now what?
If you’ve received, or will soon receive, a significant inheritance, it may be tempting to view it as “found money” that can be spent freely. But unless your current financial plan...more
5/23/2022
/ Asset Management ,
Beneficiaries ,
Estate Claims ,
Estate Planning ,
Family Members ,
Fiduciary ,
Inheritance ,
Successors ,
Trustees ,
Trusts ,
Wills
Business owners: Now’s the time to revisit buy-sell agreements -
If you own an interest in a closely held business, a buy-sell agreement should be a critical component of your estate and succession plans. These...more
Big tax changes are in the works -
What do they mean for your estate plan?
With apologies to Benjamin Franklin, little is certain about death and taxes these days. The Biden administration and several lawmakers have...more
Annual exclusion gifts -
A deceptively powerful estate planning strategy -
In 2021, the federal lifetime gift and estate tax exemption amount is a whopping $11.7 million. So, for most people, it may seem like planning...more
Below is a brief glance of what you'll find in the March/April 2021 issue of The Estate Planner.
- Can beneficiaries borrow from a trust?
- Taking steps to protect your will from being contested
- Defined-value...more
Below is a brief glance of what you'll find in the January/February 2021 issue of The Estate Planner.
- Can a charitable trust replicate a stretch IRA?
- Power up your trust with Crummey powers
- Net gift technique...more
A SPA trust can improve the flexibility of your estate plan -
We live in uncertain times. There’s uncertainty about the economy as well as the possibility of tax increases to address the rising federal debt. For example,...more
Don’t overlook foreign assets when planning your estate -
You’d be surprised how often people fail to disclose foreign assets to their estate planning advisors. They assume that these assets aren’t relevant to their “U.S.”...more
6/2/2020
/ Asset Management ,
Beneficiary Designations ,
Charitable Deductions ,
Charitable Donations ,
Estate Planning ,
Estate Tax ,
Federal Taxes ,
Generation-Skipping Transfer ,
Gift Tax ,
Income Taxes ,
Tax Exemptions ,
Tax Planning ,
Trusts
Creating an education legacy -
For many people, an important goal of estate planning is to leave a legacy for their children, grandchildren and future generations. And what better way to do that than to help provide for...more
Now or later -
When’s the right time to transfer your wealth? -
To gift or not to gift? It’s a deceptively complex question. The temporary doubling of the gift and estate tax exemption — to an inflation-adjusted...more
12/19/2019
/ Asset Management ,
Beneficiary Designations ,
Charitable Deductions ,
Charitable Donations ,
Estate Planning ,
Estate Tax ,
Federal Taxes ,
Generation-Skipping Transfer ,
Gift Tax ,
Income Taxes ,
Tax Exemptions ,
Tax Planning ,
Trusts
Is silence golden?
The good and the bad of keeping your trust a secret -
It’s common for parents to set aside money or other assets in trust for their children or grandchildren. At the same time, many parents agonize...more
8/13/2019
/ Asset Management ,
Beneficiaries ,
Capital Gains ,
Elder Care ,
Elder Issues ,
Estate Planning ,
Estate Tax ,
Inheritance ,
Qualified Opportunity Funds ,
Trust Administration ,
Trusts
In This Issue:
- Can a Broken Trust be Fixed?
- Keep it in the Family: Use an intrafamily loan to cover estate taxes
- Tax Court: Trust Can Materially Participate in a Business
- Estate Planning...more
In this issue:
- Net Gain For Taxpayers – Tax Court Approves Net Gift Strategy
- Estate Planning For The Young And Affluent – How To Hedge Your Bets
- Wealth Preserver – Use An ILIT To Shield Life...more
In this issue:
- Valuing LLC Interests: How To Lose In Tax Court
- Should You Keep Your Trust A Secret?
- Effort – A “Stretch IRA” Can Maximize Your IRA’s Benefits
- Estate Planning Red Flag – You...more
5/9/2014
/ Asset Valuations ,
Estate Planning ,
Estate Tax ,
Individual Retirement Account (IRA) ,
Jointly-Owned Property ,
Limited Liability Company (LLC) ,
Real Estate Investments ,
Tax Court ,
Transfer of Title ,
Trusts ,
Valuation