by Christine | Nov 27, 2012 | Blended Families, Estate Planning, Trusts |
Numerous studies show a senior widower is much less likely to stay single than his female counterpart… [and that] often leaves the question of how the father can protect the children’s inheritance if there is a second wife in the picture. In that case, a trust may be...
by Christine | Nov 26, 2012 | 2012, Estate Planning, Gift Tax |
Everyone is talking about the importance of making big gifts in 2012, but the critical question for many, is how much can you realistically afford to gift without jeopardizing your own financial security? How much can you afford to gift now, with a possible resurgence...
by Christine | Nov 23, 2012 | Asset Protection, Estate Planning, Trusts |
“There is no such thing as asset protection,” said Jason Cain, head of the family wealth planning group in the central region for Credit Suisse Private Banking USA. “What there is is good business and estate planning that as a byproduct insulates your assets from...
by Christine | Nov 22, 2012 | Estate Planning, Estate Tax, Gift Tax, Portability |
Yes, portability is one of many tax-law provisions scheduled to expire at the end of 2012. But Congress appears likely to extend it beyond this year. Although many estate-tax issues are highly controversial, this one enjoys bipartisan support. You never really hear...
by Christine | Nov 15, 2012 | Art, Estate Planning, Insurance |
. . . [she] estimated that the premium value of insured art globally was somewhere between $500 million and $1 billion. If those estimates are right, there’s a lot of uninsured art out there. So, what are your favorite and most valuable assets? Aside from your loved...
by Christine | Nov 14, 2012 | Estate Planning, Inheritance |
Every parent with more than one child knows that not all kids are created equal…And when it comes to estate planning, it's time to think hard about what each child needs and what you've done for each one already. It’s never easy to make sure your children are...
