by Christine | May 17, 2012 | Capital Gains |
The cost of being lazy about cost-basis elections seems particularly high right now, given that the markets have generally been trending upward as the new regulations have gone into effect. Investing and taxation can be tricky things, especially if you have been...
by Christine | May 16, 2012 | Estate Planning, Trusts |
Traditional estate planning can be problematic when dealing with firearms. The documents used to manage your bank accounts often instruct people to violate laws that pertain to the transfer, possession, and use of firearms. A Gun Trust is an estate planning document...
by Christine | May 15, 2012 | Estate Planning, Estate Tax, Gift Tax |
The current scheduled changes in the estate and gift tax rates and exemptions have me struggling to come up with some good titles for people with a net worth of $4 to $15 million. How about “midmillionaires,” or “midmills” for short? In the upcoming year many...
by Christine | May 14, 2012 | Alzheimer's, Dementia, Elder Law, Estate Planning, Living Will, Medical Directives, Trusts |
ELDER LAW Increasingly, I see many clients experiencing and living with elderly parents who are grappling with memory loss and finding it difficult to manage their finances. And most of them, I'm learning, are making the same mistake: they're waiting too...
by Christine | May 11, 2012 | Estate Planning, Small Business, Succession Planning |
The wealth of many boomers is tied up in businesses they own. And that can be a problem when it comes time to retire. If you’re a small business owner, then you probably speak of your business and your life in the same breath. There’s nothing wrong with that. In fact,...
