Estate Planner

EST

Showing 1–16 of 332 results

  • Estate Planning Red Flag – Your trust doesn’t provide for removal of a trustee

    September / October 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 290

    Abstract: To ensure that a trust operates as intended, it’s critical to appoint a trustee that can be counted on to carry out a person’s wishes. But to avoid protracted court battles in the event things don’t work out as planned, it’s a good idea to give beneficiaries the right to remove and replace a trustee. Without this option, beneficiaries’ only recourse would be to petition a court to remove the trustee for cause. This brief article lists grounds for the removal of a trustee.

    Read More

  • Deducting a trust’s charitable donations

    September / October 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 607

    Abstract: It may be desirable to donate assets held in a trust. But before making such a donation, it’s important to understand the differences, for tax purposes, between individual and trust donations and the circumstances under which donations by a trust are deductible. This article examines the tax treatment of individual and trust donations.

    Read More

  • Letter of instruction – Express final wishes to heirs using your own words

    September / October 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 646

    Abstract: An estate plan is a legal document, and because of that its language can be rather technical. Consider writing a letter of instruction to family members to communicate intentions in plain language. This article details what to address in the letter.

    Read More

  • Big tax changes are in the works – What do they mean for your estate plan?

    September / October 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 956

    Abstract: The Biden administration and several lawmakers have proposed gift, estate and income tax changes that — if they become law — may have a significant impact on estate planning. In light of these potential tax law changes, it’s a good idea to consult with an estate planning advisor to discuss the potential impact of these changes and consider strategies for minimizing any negative effects. This article details the proposed tax changes that affect estate planning. A sidebar lists popular wealth-transfer techniques that may also be curtailed.

    Read More

  • 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.

    Read More

  • 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.

    Read More

  • 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.

    Read More

  • 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.

    Read More

  • Estate Planning Red Flag – You and your spouse have elected to “split” gifts

    May / June 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 354

    Abstract: Gift splitting can be a valuable estate planning tool, allowing spouses to maximize the amount of wealth they can transfer tax-free. But in some cases, it can have undesirable consequences. This brief article explains the potential pitfalls of splitting gifts.

    Read More

  • What a difference six months can make – An alternate valuation date can reduce estate tax liability

    May / June 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 572

    Abstract: Those who have money invested in the stock market are well aware of potential volatility. Needless to say, this volatility can affect one’s net worth. Something many might not think about is the potential effect on estate tax liability. Specifically, one’s family might unexpectedly owe estate tax on their death if it occurs before the value of stocks or other assets drops precipitously. This article details a strategy to ease estate tax liability by allowing an executor to elect to use an alternate valuation date.

    Read More

  • Is it time to review your beneficiary designations?

    May / June 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 639

    Abstract: A will or revocable trust may form the core of an estate plan, but for most people, a substantial amount of wealth bypasses these traditional estate planning tools and is transferred to their loved ones through beneficiary designations. This article explores the reasons why it’s critical to periodically review beneficiary designations.

    Read More

  • Charitable giving in 2021 – Plan carefully to maximize the tax benefits

    May / June 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 938

    Abstract: In the early days of the COVID-19 pandemic, lawmakers enacted the CARES Act to provide some relief to the ailing economy. One of its provisions, meant to encourage charitable giving, temporarily suspended limits on tax deductions for certain charitable gifts made in 2020. More recently, the Consolidated Appropriations Act extended this relief to charitable gifts made in 2021. This article examines how to maximize these charitable giving benefits. A sidebar explains the above-the-line charitable deduction for non-itemizers.

    Read More

  • Estate Planning Red Flag – You own real estate in more than one state

    March / April 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 288

    Abstract: One goal of estate planning is to avoid or minimize probate. This is particularly important if a person owns real estate in more than one state. Why? Because each piece of real estate titled in his or her name must go through probate in the state where the property is located. This brief article explains how to avoid the probate process using a revocable trust.

    Read More

  • Defined-value gifts – Plan carefully to avoid unpleasant tax surprises

    March / April 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 546

    Abstract: Many people are considering making substantial gifts to the younger generation to take advantage of the current exemption while it lasts. Often, these gifts consist of hard-to-value assets, which can be risky. Making a defined-value gift may help avoid unexpected tax liabilities. This article explains what a defined-value gift is and details why precise language is necessary for the gift to pass muster with the IRS.

    Read More

  • Taking steps to protect your will from being contested

    March / April 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 729

    Abstract: Well-crafted, up-to-date estate planning documents are an imperative for everyone. They also can help ease the burdens on one’s family during a difficult time. Arguably, the most important document is a will. Regardless of how harmonious a family may be during one’s life, there’s always a chance that a disgruntled family member may challenge a person’s estate plan after his or her death. This article explores strategies to reduce the chances of a will being contested.

    Read More

  • Can beneficiaries borrow from a trust?

    March / April 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: Interest rates remain extremely low, enhancing the benefits of intrafamily loans. These loans allow a person to provide financial assistance to loved ones while potentially reducing gift and estate taxes. But what about families that lack the liquid assets to make such loans? One lesser-known possibility is for trust beneficiaries to borrow money from a trust. This article explains the benefits of intrafamily loans and details why a trust loan may be more advantageous. A sidebar provides a scenario where an intrafamily loan can result in reduced taxes.

    Read More