estate planning

The Essentials You Need for an Estate Plan
estate planning

The Essentials You Need for an Estate Plan

You can reduce stress and expenses for yourself and your family if you develop an estate plan that includes these important documents.
April 21, 2021
Wealthy Should Act Now to Prepare for Bernie Sanders’s Estate Tax Proposal
estate planning

Wealthy Should Act Now to Prepare for Bernie Sanders’s Estate Tax Proposal

Anyone with an estate of $3.5 million or more should think about getting in line now to talk to an estate professional, because offices everywhere are…
April 18, 2021
Worried about Your Child’s Inheritance If They Divorce? A Trust Can Be Your Answer
estate planning

Worried about Your Child’s Inheritance If They Divorce? A Trust Can Be Your Answer

You may love your son-in-law or daughter-in-law now, but that could change down the road. So, if you don’t want your money going to your kid’s future …
April 16, 2021
Getting the Best of Both Worlds from an Irrevocable Trust
estate planning

Getting the Best of Both Worlds from an Irrevocable Trust

Irrevocable trusts open the door to important tax strategies, but they mean the loss of control of the assets held in the trust … or do they? Today’s …
April 5, 2021
Kids Not Ready for Their Inheritance? Consider a Private Foundation
estate planning

Kids Not Ready for Their Inheritance? Consider a Private Foundation

The benefits of starting your own foundation extend far beyond tax savings: It can help preserve your family’s wealth and unity.
April 4, 2021
Time to Face Reality: Your Kids Don’t Want Your Stuff!
estate planning

Time to Face Reality: Your Kids Don’t Want Your Stuff!

One estate planning mistake I see all the time is that parents want their children to inherit their homes and treasured possessions, and they assume t…
March 29, 2021
Do I Need a Family Office? A Guide for the Rich and Not So Famous
estate planning

Do I Need a Family Office? A Guide for the Rich and Not So Famous

Ultra-wealthy people, including Bill Gates, have family offices, but so do about 10,000 others. What is a family office, and is it right for you? Get …
March 24, 2021
One Beneficiary Mistake You Really Don’t Want to Make
estate planning

One Beneficiary Mistake You Really Don’t Want to Make

Per capita or per stirpes? Ensure fairness across generations by choosing the right annuity or life insurance distribution method for your beneficiari…
March 23, 2021
Put an Estate Plan in Place
Financial Planning

Put an Estate Plan in Place

Begin with the basics, starting with a will. You may even be able to use an online will-writing program.
March 19, 2021
Having the Money Talk with Your Parents, with Cameron Huddleston
Financial Planning for Alzheimer's

Having the Money Talk with Your Parents, with Cameron Huddleston

Managing your parents' finances can be a difficult situation. Doing so if you haven't laid down a plan for how to do it is worse.
March 2, 2021
Love and Money with Financial Planner Mari Adam
Getting Married

Love and Money with Financial Planner Mari Adam

Financial planner Mari Adam helps couples work together to have a good relationship with each other – and their finances. Also, some twists for 2020 t…
February 25, 2021
Tax Changes and Key Amounts for the 2020 Tax Year
tax law

Tax Changes and Key Amounts for the 2020 Tax Year

There were a lot of tax changes for the 2020 tax year. Get familiar with them now – before you file your 2020 tax return.
February 8, 2021
Estate Planning Checklist: 5 Tasks to Do Now, While You’re Still Well
estate planning

Estate Planning Checklist: 5 Tasks to Do Now, While You’re Still Well

Being prepared is going to feel great, you’ll see. As you work your way down the list, make sure you communicate your decisions with your loved ones.
February 8, 2021
Worried about Passing Down a Big IRA? Consider a CRT
estate planning

Worried about Passing Down a Big IRA? Consider a CRT

Charitable remainder trusts give you more options and more control on how your heirs inherit now that the “stretch” IRA is a thing of the past.
February 8, 2021
Planning for a Non-Traditional Family (Which Is Probably Yours)
estate planning

Planning for a Non-Traditional Family (Which Is Probably Yours)

Families come in all shapes and sizes. Here’s how to make sure yours is financially protected regardless of who’s part of it.
January 12, 2021
Cash Gifts Now Can Help You Avoid the Estate Tax Later
Tax Breaks

Cash Gifts Now Can Help You Avoid the Estate Tax Later

'Tis the season for giving. So think about taking advantage of the annual gift tax exclusion before the year ends.
December 20, 2020
Estate Planning for ‘Black Sheep’ Beneficiaries
estate planning

Estate Planning for ‘Black Sheep’ Beneficiaries

Every family has one – or maybe more – black sheep. They’re people who march to their own drum, and handing them an inheritance could be problematic. …
December 8, 2020
13 Smart Estate-Planning Moves
retirement

13 Smart Estate-Planning Moves

Follow this estate planning checklist for you (and your heirs) to hold on to more of your hard-earned money.
December 7, 2020
How to Help Your Family Wealth Last for Generations
estate planning

How to Help Your Family Wealth Last for Generations

Creating generational wealth takes careful planning and thoughtful sharing of intentions, plus the right investment vehicle.
November 24, 2020
Joint Trusts or Separate Trusts: Advice for Married Couples
estate planning

Joint Trusts or Separate Trusts: Advice for Married Couples

Unless you have a specific need for separate trusts, it’s usually best to avoid the headaches they cause and go with a joint trust instead. Here’s why…
November 20, 2020
Should I Start Gifting Money (or Even My House) to My Kids?
estate planning

Should I Start Gifting Money (or Even My House) to My Kids?

As for giving away your money while you’re still alive to see it go to the ones you love, there are pros and cons to think about. But when it comes to…
November 11, 2020
Making a Gift This Year? Some Key Questions to Consider
estate planning

Making a Gift This Year? Some Key Questions to Consider

Gifting sounds pretty simple, but there are many ways to do it, and several tax ramifications to be aware of as well.
October 30, 2020
Legacy Planning: Create a Lasting Legacy
estate planning

Legacy Planning: Create a Lasting Legacy

Estate plans are about more than just who gets what. To ensure a lasting legacy, you need to get your documents in order and have a clear plan for how…
October 30, 2020
Estate Planning During the Pandemic
Coronavirus and Your Money

Estate Planning During the Pandemic

Here’s how to prepare for the worst in this terrible, horrible, no good, very bad year.
October 28, 2020
Estate Tax Exemption Amount Goes Up for 2021
taxes

Estate Tax Exemption Amount Goes Up for 2021

As the estate tax exemption amount increases, fewer estates are subject to the federal tax.
October 27, 2020
Once You Create a Living Trust, Don’t Forget to Fund It
estate planning

Once You Create a Living Trust, Don’t Forget to Fund It

Your real estate holdings, life insurance, bank accounts and retirement savings won’t magically flow into your trust. You have to put them there. Fail…
October 26, 2020