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Showing 17–32 of 312 results

  • 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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  • Estate Planning Red Flag – You have significant frequent flyer miles

    January / February 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 282

    Abstract: For those who have accumulated hundreds of thousands or even millions of frequent flyer miles, it’s worth their while to address the miles in their estate plans. The reason is that the value of the miles can be significant. This brief article explains how to address this asset type in an estate plan.

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  • Making the most of charitable donations

    January / February 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 677

    Abstract: Conventional wisdom says that an illiquid taxpayer who wishes to make a charitable contribution is better off donating appreciated assets rather than cash. However, in some cases, it’s preferable to liquidate appreciated assets and donate cash, especially since the Tax Cuts and Jobs Act temporarily increased the limit on deductions for cash donations to public charities from 50% to 60% of adjusted gross income (AGI), compared to 30% of AGI for appreciated assets. This article explains the factors that must be considered when making charitable donations.

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  • There’s no time like the present to draft your will

    January / February 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 732

    Abstract: A well-crafted, up-to-date will is the cornerstone of an estate plan. Importantly, it can help ease the burdens on your family during a difficult time. This article details what a will should address.

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  • Now or later – When’s the right time to transfer your wealth?

    January / February 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 899

    Abstract: To gift or not to gift? It’s a deceptively complex question. The temporary doubling of the gift and estate tax exemption is viewed by many as a “use it or lose it” proposition. But giving away wealth now isn’t right for everyone. Depending on one’s circumstances, there may be tax advantages to keeping assets in one’s estate. This article explains the tax consequences of making lifetime gifts vs. bequests at death. A sidebar details how to build flexibility into an estate plan.

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  • Estate Planning Red Flag – Your will or trust lacks clarity

    November / December 2019
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 296

    Abstract: Precise language is critical in wills, trusts and other estate planning documents. A lack of clarity is an invitation to litigation, as demonstrated by the ongoing dispute between Tom Petty’s widow and his two daughters from a previous marriage. This brief article uses the Petty case to illustrate the importance of using unambiguous language to ensure that one’s wishes are properly carried out.

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  • ABLE accounts and special needs trusts – 2 options for families with disabled loved ones

    November / December 2019
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 575

    Abstract: For those with a family member who’s disabled, estate planning can be difficult. Two options to consider are a special needs trust (SNT) or a Section 529A account, often referred to as an ABLE account, because it was created by the Achieving a Better Life Experience (ABLE) Act. This article details the pluses and minuses of an SNT and an ABLE account.

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  • Estate planning and your art collection

    November / December 2019
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 730

    Abstract: For art collectors, it’s critical that their estate plans address their collections separately from other types of assets. Investments in artwork may be motivated in part by financial gain, but for most collectors the primary motivation is a passion for the art itself. As a result, managing these assets involves issues that aren’t presented by purely financial assets. This article details how to address an art collection in an estate plan.

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  • What’s a clawback ― and should you be worried about it?

    November / December 2019
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 868

    Abstract: By temporarily doubling the gift and estate tax exemption amount, the Tax Cuts and Jobs Act created an historic opportunity for affluent families to shelter wealth from transfer taxes through lifetime giving. But some families are concerned that, if they take advantage of this opportunity, a portion of those gifts may be “clawed back” into their estates and be subject to estate taxes when the exemption amount is reduced. This article explains how, in theory, a clawback works. A sidebar explains how the IRS has alleviated concerns about assets being clawed back into one’s estate.

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  • Estate Planning Red Flag – You’re drafting your own estate planning documents

    September / October 2019
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 333

    Abstract: There’s no shortage of online do-it-yourself (DIY) tools that promise to help one create an “estate plan.” But while these tools can generate wills, trusts and other documents relatively cheaply, they can be risky except in the simplest cases. This brief article details the pitfalls of DIY estate planning.

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  • Coming to a family consensus on moving a parent to a nursing home

    September / October 2019
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 627

    Abstract: Estate and financial plans must account for all family members, and that includes aging parents and in-laws. This article explores the many issues to consider before moving a parent into a nursing home.

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  • Qualified Opportunity Funds: Estate planning implications

    September / October 2019
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 619

    Abstract: Created by the Tax Cuts and Jobs Act, the Qualified Opportunity Zone (QOZ) program allows one to defer current capital gains and avoid taxes on future gains by reinvesting gains in a Qualified Opportunity Fund (QOF). QOFs are funds that invest primarily in one or more of the nearly 9,000 QOZs throughout the United States and its territories and meet certain other requirements. This article explains the estate planning benefits of QOFs.

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  • Is silence golden? The good and the bad of keeping your trust a secret

    September / October 2019
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 886

    Abstract: It’s common for parents to set aside money or other assets in trust for their children or grandchildren. At the same time, many parents agonize over the impact this wealth may have on their heirs. One potential solution is a “silent trust.” These trusts, which are permitted in many states, limit the amount of information shared with beneficiaries or, in some cases, keep the existence of the trust a secret. This article explains the benefits and drawbacks. A sidebar looks at an alternative to the silent trust: a principle trust.

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