by Christine | May 3, 2013 | Estate Planning, Family Business, Small Business |
Known as employee stock-ownership plans, or ESOPs, the move is being embraced by smaller firms, especially those struggling to find buyers during the weak economy. Businesses are formed in many ways, and we have come to know those varying abbreviations (S-Corp,...
by Christine | May 2, 2013 | College Planning, Estate Planning |
Total assets in all 86 U.S. education savings plans – named 529 plans after a section in the Internal Revenue Code – rose 25 percent to $166 billion in 2012, according to Morningstar. Making plans for the next generation often involve planning for their...
by Christine | May 1, 2013 | Estate Planning, Family, Heirs, Inheritance |
For many parents, it is easier to talk to their children about sex than money. And there are few touchier subjects for wealthy families than the topic of inheritance. Don’t we all dread certain “talks” we’re supposed to have with our children? But even though we’d...
by Christine | Apr 30, 2013 | Estate Planning |
The fact that my life had instantly transitioned into a foreign, new reality was finally processed for me when my dad’s business partner showed me around their recycling business—a venture that I knew absolutely nothing about. Managing your own personal finances can...
by Christine | Apr 29, 2013 | Credit Shelter Trust, Estate Planning, Estate Tax, Portability, Trusts |
Even if your state has no estate or inheritance tax, there are other reasons to have a credit shelter trust. Here are a few … Even amongst recent tax law changes, there are certain estate planning tools that are still good ole’ standbys for your estate plan. ...
