by Christine | Sep 30, 2013 | Estate Planning, Inheritance |
In the survey, conducted by Interest.com, a financial planning site, just 27 percent of respondents age 18 to 59 said they expect to receive an inheritance from their parents or other family. Even those who believe there will be something left over for them...
by Christine | Sep 26, 2013 | Capital Gains, Charity, Estate Law, Estate Planning, Tax Law |
Check out these strategies to bypass capital gains altogether or at least lessen the bite. Unless you've been paying close attention to capital gains and your expected 2013 tax, then you may not realize a potentially large "bite" until tax season. For...
by Christine | Sep 24, 2013 | Estate Planning, Trusts, Vacation Home |
Growing numbers of families – as older parents move into their 80s and 90s – are finding themselves grappling with the transfer of second homes. If you have a family vacation home, have you considered what will happen to the property after you are gone? While you are...
by Christine | Sep 20, 2013 | Business Sale, Estate Planning, Retirement, Small Business |
Every year, I used to get together with a client who was a business owner, and every year I would ask him, “Bruce, have you told your guys that you want them to buy the business?” He had a plan that he would eventually sell his contracting business to his senior...
by Christine | Sep 6, 2013 | Charitable Remainder Trust, Charity, Estate Planning, Trusts |
Don’t be surprised if your CPA or financial planner starts babbling acronyms: CRUT, CRAT, NICRUT, NIMCRUT, Flip CRUT. Hear him out. The higher federal tax rates that kicked in this year have given all these variants of the four-decade-old charitable remainder...
by Christine | Sep 5, 2013 | Estate Planning |
Money and taxes aside, here are 7 good reasons you need an estate plan … Estate planning is not just about taxes. While it is too easy to focus on taxes, namely avoiding heavy taxation, there is far more to consider when making your own estate plan. Estate...
