July / August
Showing 81–96 of 616 results
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Are you responsible for your parents’ nursing home expenses?
July / August 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 351
Abstract: Can people be financially responsible for their parents’ nursing home bills if the parents can’t afford to pay them? This short article delves into filial responsibility laws (which are rarely enforced) and Medicaid’s estate recovery process.
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Overdiversification could actually hinder your investment goals
July / August 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 589
Abstract: It’s possible for investors to overdiversify or spread their investment dollars too thin across asset types and industry sectors. This article explains that the more investments in a portfolio, the harder it can be to keep track of all of them. Also, it’s more likely that the portfolio will contain overlapping securities. And, with a certain higher level of diversification, investment portfolios may produce mediocre returns.
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So you’ve dipped into savings … What to do next with your retirement account
July / August 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 646
Abstract: Tapping an IRA, 401(k) plan or other tax-deferred account to pay current expenses can derail a retirement savings plan. Unfortunately, some people reached that point in 2020. This article talks about how the CARES Act and Consolidated Appropriations Act can help get retirement savers back on track.
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3 tips for making retirement less taxing
July / August 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 898
Abstract: Recent retirees often are surprised by the size of their tax bills. As they soon learn, income taxes during retirement can be significant. However, it’s possible to soften the blow. This article offers three tips: divide income sources into three buckets; delay Social Security benefits; and manage required minimum distributions. A sidebar reveals the best time to convert a traditional IRA to a Roth IRA.
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Estate Planning Red Flag – Your college-aged child doesn’t have an estate plan
July / August 2021
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 324
Abstract: College-aged students typically have few assets in their names, but that doesn’t mean they should be without a basic estate plan to ensure their wishes are carried out should the unthinkable happen. This brief article covers four estate planning documents to include in a student’s estate plan.
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The split annuity: A balanced approach to retirement and estate planning
July / August 2021
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 625
Abstract: For people who are approaching retirement or have already retired, one of their biggest challenges is balancing the need to maintain their standard of living with their desire to preserve as much wealth as possible for loved ones. This balance can be difficult to achieve, especially when retirement can last decades. This article explains one strategy that can offer greater peace of mind: the split annuity.
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Avoid these 6 estate planning pitfalls
July / August 2021
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 658
Abstract: No one likes to contemplate his or her own mortality, but ignoring the need for an estate plan or procrastinating in the creation of one is asking for trouble. For those who haven’t started the process, don’t delay any longer. This article details six potential pitfalls to avoid when creating an estate plan.
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Annual exclusion gifts – A deceptively powerful estate planning strategy
July / August 2021
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 911
Abstract: In 2021, the federal lifetime gift and estate tax exemption amount is a whopping $11.7 million. So, for most people, it may seem like planning for gift and estate taxes is unnecessary. But even if a person’s net worth is only a fraction of the current exemption amount, there are good reasons to adopt strategies to reduce the size of his or her taxable estate. This article explains one such strategy: making regular annual exclusion gifts. A brief sidebar explores the benefits of further reducing one’s taxable estate by making direct tuition and medical expense payments.
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How to estimate tax payments — and stay in the IRS’s good graces
July / August 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 570
Abstract: If your employer doesn’t automatically withhold income taxes (or you’re self-employed), the IRS expects you make regular, estimated tax payments. This article explains which types of income require estimated payments and outlines two methods of calculating the amount owed.
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Family businesses: Choosing the right exit strategy
July / August 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 588
Abstract: There are many different exit strategies for a family business, including transferring it to the younger generation, selling it to the company’s management or to an employee stock ownership plan, or selling it to a third party. This article explores these options and stresses the importance of timing a sale right.
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Should you invest internationally?
July / August 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 402
Abstract: The average U.S. investor’s stock portfolio allocates 90% to domestic securities. But ignoring international markets may be a big mistake. This short article lists several potential advantages — including reduced volatility — of investing in foreign equities.
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SECURE Act – Revisit your retirement plan in light of new law
July / August 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 912
Abstract: The Setting Every Community Up for Retirement Enhancement (SECURE) Act, signed into law in December 2019, is designed to improve access to tax-advantaged retirement plans. It also recognizes that many people work beyond the traditional retirement age. This article highlights SECURE Act provisions that push back required minimum distributions, lift the age limit for IRA contributions and reduce costs for businesses offering plans to workers. A sidebar explains how the SECURE Act may affect estate planning.
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Factoring governing documents into the valuation equation
July / August 2020
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 424
Abstract: When valuing a business interest, it’s critical to examine organizational documents. This article explains how a business valuation expert reviews governing documents to assess the interest’s relative levels of control and marketability, as well as the cash flows the interest is entitled to receive.
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Financial statement adjustments are essential in business valuation
July / August 2020
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 552
Abstract: Under the income and market approaches, the value of a business is based on how much earnings it will generate in the future. Historical results are a helpful starting point, but they usually need to be adjusted when projecting future performance. This article highlights various types of adjustments that valuation experts consider and explains how the novel coronavirus (COVID-19) pandemic may require special consideration when valuing businesses going forward.
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How will financial reporting changes affect the valuation process?
July / August 2020
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 609
Abstract: The Financial Accounting Standards Board has issued several major updated accounting standards in recent years, and the implementation process is underway. This article summarizes the changes to revenue recognition, lease and credit loss rules — and how they might impact the process of valuing a private business.
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R.D. Clark & Sons – Tax-affecting debate continues
July / August 2020
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 843
Abstract: For decades, business valuation experts and the IRS have been at odds regarding the practice of “tax affecting” the earnings of pass-through entities. This article summarizes a recent Connecticut appellate court decision on this issue, which highlights both sides of the debate — and the importance of considering the facts of the specific case. A sidebar discusses an apparent softening of the U.S. Tax Court’s stance on this matter. R.D. Clark & Sons, 194 Conn. App. 690 (2019) Estate of Jones, TC Memo 2019-101, August 19, 2019 Gross v. Commissioner, T.C. Memo. 1999-254, aff’d. 272 F. 3d 333 (6th Cir. 2001), cert. denied, 537 U.S. 827 (2002)