by Christine | Oct 27, 2011 | Estate Planning, Tax Planning |
A new IRS gift tax compliance initiative responds to suspicions of widespread failure to file gift tax returns. Surprise. It’s a big year for the IRS and they’ve been opening many new fronts in the drive to assert tax law compliance. One of the largest and most unique...
by Christine | Oct 26, 2011 | Estate Planning |
Life insurance really isn't as frightening or complex as it seems. It's actually a fantastically useful and flexible estate-planning tool that can provide income-tax-free security for your loved ones. It can also provide liquidity to pay estate taxes,...
by Christine | Oct 25, 2011 | Estate Planning |
America’s big charities expect fund raising to rise in 2011, but the increase won’t come close to making up ground they lost in the downturn. Have we bounced back from the Great Recession or are we still languishing (and due for another fall backwards)? This is a hot...
by Christine | Oct 21, 2011 | Estate Planning |
The death of Steve Jobs has sparked conversation about the motivations and merits that surround anonymous giving. And for those who either eschew the spotlight or hold to a religious tradition that espouses anonymous donation, giving in secret sounds downright...
by Christine | Oct 20, 2011 | Estate Planning, Retirement Planning, Tax Planning |
To follow in [Reverend Crummey’s] footsteps, set up a trust and have it buy a life insurance policy on your life. Someday when you die, the trust will receive the insurance proceeds and pay them out to the beneficiaries listed in your trust. When you’re looking to...
by Christine | Oct 13, 2011 | Estate Planning, Tax Planning |
Simply defined, a charitable remainder trust allows you to transfer cash or assets to the trust — from which you may receive income for life or, if you prefer, a fixed term not to exceed 20 years. The income can be paid over your life, your spouse’s life and even the...
