by Christine | Jan 24, 2013 | Estate Planning, Taxes, Trusts |
“It’s hitting where it really shouldn’t,” says Laurie Hall, an estates lawyer and head of the Wealth Management Group at Edwards Wildman in Boston. “These increases weren’t intended to hit people with income below $200,000, and they will.” Many of us are at ease now...
by Christine | Jan 15, 2013 | Estate Planning, Trustee, Trusts |
I suspect that trustees are most often comfortable with a prevention-focused mindset. Here’s my take: Our ability to recognize and deliberately change our mindset just might be a game-changer. For all the laws and expectations put upon trust officers, it’s important...
by Christine | Jan 2, 2013 | Taxes, Trusts |
Estate planners scurrying to set up trusts on behalf of wealthy clients and fund them with tax-free gifts before the end of the year hit a new snag this week. On the IRS website page where they would normally go to apply for a tax identification number for the trust,...
by Christine | Dec 28, 2012 | Estate Plan, Estate Planning, Trusts, Wills |
Everyone likes practical pointers. Here are more than eight, but fewer than ten practical estate planning pointers for your consideration, especially as we enter a new year. Keep your important documents like your will or trust up-to-date. Keep your legal residence...
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 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...
