Estate Planner

EST

Showing 1–16 of 308 results

  • Estate Planning Red Flag – Your revocable trust isn’t fully funded

    September / October 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 309

    Abstract: Revocable trusts provide significant benefits, including the ability to avoid probate of the assets they hold and facilitating management of a person’s assets in the event he or she becomes incapacitated. To obtain these benefits, however, the person must fund the trust — that is, transfer title of assets to the trust or designate the trust as the beneficiary of retirement accounts or insurance policies. This brief article explains what happens when the trust isn’t fully funded.

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  • What are your options to pay for long-term care?

    September / October 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 630

    Abstract: The cost of long-term home health care or an extended stay at a nursing home or assisted living facility can quickly erase one’s nest egg and derail an estate plan. This article examines three options to help cover the costs of long-term care (LTC): LTC insurance, hybrid insurance and employer-provided plans.

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  • Valuation of pass-through entities – Why tax-affecting matters

    September / October 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 728

    Abstract: The valuation of a closely held business for gift and estate tax purposes is critical to determining how much of one’s estate goes to family and how much goes to the government. If the business is structured as a pass-through entity — such as an S corporation, partnership or limited liability company (LLC) — the use of tax-affecting can substantially reduce its value, allowing your estate to slash its tax bill. This article details tax-affecting strategies and recounts U.S. Tax Court cases involving the valuation of pass-through businesses.

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  • Estate planning in a socially distanced environment

    September / October 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 928

    Abstract: As people continue to recover from the COVID-19 pandemic and much of the economy reopens, the “new normal” demands continued social distancing in many areas of life. What does this mean for estate planning? Clearly, estate planning is as important today — or arguably more important — than ever. But how does one plan an estate and execute critical documents without face-to-face meetings or if he or she is required to self-quarantine? This article examines ways to plan an estate and execute critical documents in a socially distanced environment. A sidebar explains the pitfalls of do-it-yourself estate plans.

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  • Estate Planning Red Flag – Your estate plan doesn’t treat your grandchildren equally

    July / August 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 294

    Abstract: Many people, when planning their estates, simply divide their assets equally among their children. But “equal” doesn’t necessarily mean “fair.” It all depends on the family’s circumstances. This brief article explains that providing for grandchildren is one area where equal treatment can inadvertently result in unfairness.

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  • Roll with the changes – Your estate plan must evolve as you age

    July / August 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 727

    Abstract: Regardless of the stage of life one is currently in, it’s important to bear in mind that an estate plan isn’t a static document. Reviewing and revising an estate plan is critical — because what’s important to individuals in their 20s or 30s likely will be different in their 60s or 70s. This article examines some general estate planning guidelines to follow as a person progresses through life.

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  • Estate planning during uncertain times

    July / August 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 623

    Abstract: As people continue to grapple with the fallout from the novel coronavirus (COVID-19) pandemic, it’s important to consider the impact of the crisis on one’s retirement and estate plans. Few people are immune to the virus’s financial effects, but there are strategies available that can aid an individual’s recovery. This article details estate planning opportunities that are especially effective in the current environment, as well as relief available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

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  • Don’t overlook foreign assets when planning your estate

    July / August 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 990

    Abstract: It’s somewhat surprising how often individuals fail to disclose foreign assets to their estate planning advisors. They assume that these assets aren’t relevant to their “U.S.” estate plans, so they’re not worth mentioning. But if a person owns real estate or other assets outside the United States, it’s critical to address these assets in his or her estate plan. This article examines red flags to be aware of when addressing foreign assets in an estate plan. A sidebar focuses on estate planning strategies for foreign citizens living in the United States.

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  • Estate Planning Red Flag – Your powers of attorney are stale

    May / June 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 261

    Abstract: Although much of estate planning deals with what happens after one dies, it’s equally important for a person to have a plan for making critical financial or medical decisions if he or she is unable to make them for themselves. This article explains the need to review and update powers of attorney.

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  • Estate planning in the FAST lane

    May / June 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 550

    Abstract: Traditional estate planning goals are still important, but affluent families are increasingly turning their attention to “softer,” yet equally critical, aspirations, such as educating the younger generation and preparing them to manage wealth responsibly, promoting shared family values, and encouraging charitable giving. To achieve these goals, many are turning to a “family advancement sustainability trust” (FAST). This article details how FASTs work.

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  • Sidestep the probate process to avoid the public eye

    May / June 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 804

    Abstract: Probate can be time consuming and expensive, and perhaps its biggest downside is that it’s public. In fact, anyone who’s interested can find out what assets a person owned and how they’re being distributed after one’s death. This article takes a closer look at the details of the probate process and strategies available to keep much or even all of one’s estate out of probate.

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  • The SECURE Act – What it means for your retirement and estate plans

    May / June 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 874

    Abstract: The Setting Every Community Up for Retirement Enhancement (SECURE) Act is one of the most significant pieces of retirement plan legislation in years. In addition to affecting retirement planning strategies, the new law may also impact a person’s estate plan, especially if the beneficiaries will inherit IRAs or employer-provided retirement accounts. This article details the key changes in the SECURE Act and explains its impact on estate planning. A sidebar examines the new law’s benefits to small business owners.

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  • Estate Planning Red Flag – Your spouse failed to designate you as beneficiary of his or her IRA

    March / April 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 300

    Abstract: One advantage of inheriting an IRA from a spouse is that the other spouse is entitled to transfer the funds to a “spousal rollover IRA.” But what happens if the original IRA owner mistakenly named a trust as beneficiary of his or her IRA, or failed to name a beneficiary at all? This brief article details IRS guidance, in the form of a private letter ruling, related to this specific circumstance.

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  • Wealth preservation and estate planning go hand-in-hand

    March / April 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 614

    Abstract: A central tenet of any estate plan is the protection of your assets. Asset protection strategies can range from simple to quite sophisticated. This article explores several asset protection strategies, with the main takeaway being that it’s best to begin planning earlier rather than later.

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  • E-wills: Are they ready for prime time?

    March / April 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 684

    Abstract: Today, most people communicate, shop, bank and even sign documents online. But one area that hasn’t yet embraced the digital revolution is estate planning. Most people continue to execute wills and related documents with paper and ink at a lawyer’s office in the presence of witnesses and a notary public. This is beginning to change, though. One example is electronic wills. This article details the Uniform Electronic Wills Act.

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  • Creating an education legacy

    March / April 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 911

    Abstract: For many people, an important goal of estate planning is to leave a legacy for their children, grandchildren and future generations. And what better way to do that than to help provide for their educational needs? One way to do so is to establish a family education trust that invests in one or more 529 plans. This article details that strategy. A sidebar explains what happens when there are unused funds in a 529 plan.

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