by Christine | Dec 24, 2015 | Charitable Giving, College Planning, Estate Planning, GIfting, Individual Retirement Accounts (IRA) |
Before you plan your New Year's Eve festivities, take some time for end of the year financial tasks. Tidying up money matters before the year's end will help you begin the New Year with a fiscal advantage! We love making New Year's resolutions. But more...
by Christine | Nov 30, 2015 | GIfting |
When you gift assets to heirs during your lifetime, the reward is being able to see first-hand how your assets help family members and loved ones while you are there to enjoy it. Gifting with warm hands must be done with care to avoid any negative tax consequences....
by Christine | Aug 14, 2015 | Asset Protection, Elder Law, Estate Planning, GIfting, GRATs, Tax Planning, Trusts |
Some high-net worth families still face the challenge of reducing their estate to minimize or eliminate estate taxes, although the federal estate tax exclusion is currently larger than it has ever been. The portability of unused exclusion amounts are at $5.43 million...
by Christine | Sep 5, 2014 | Assets, Beneficiary, Bequest, Estate Plan, Estate Planning, Estate Tax, Estates, Gift, GIfting, Individual Retirement Accounts (IRA), Inheritance, Inherited IRAs, Inheritors, Power of Attorney, Probate, Trusts, Wills |
Some people decide, as Robin Williams apparently did, that it's better to hand down wealth to adult children while you, the parent, are still alive. (Of course, you have to have more than enough assets for yourself to be able to do that.) One benefit is that you...
by Christine | Jun 26, 2014 | Estate Law, Estate Planning, GIfting |
Here are a few easy approaches that can reduce or avoid taxes, and are also effective wealth transfer techniques. Gifting makes up one of the pillars of estate planning. Strategic gifting can mean all the difference between a plan for family wealth that works and a...
by Christine | Dec 2, 2013 | College, Estate Planning, Financial Aid, GIfting |
"Kids inherit money. We don't want it." Sometimes too much inheritance all at once is a threat to moral development, it’s true, but sometimes a gift can threaten a college education by complicating financial aid. As parents of the college-bound...
