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Showing 17–32 of 332 results

  • Estate Planning Red Flag – You haven’t named contingent beneficiaries

    January / February 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 295

    Abstract: Although a will or revocable trust governs the distribution of many or most of a person’s assets, certain assets require a beneficiary to be named. This can be an advantage, because when a person dies the funds can pass directly to his or her beneficiary without going through probate. This brief article explores the reasons to name not only a primary beneficiary, but also a contingent beneficiary.

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  • Power up your trust with Crummey powers

    January / February 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 658

    Abstract: The unified gift and estate tax exemption is set at an inflation-adjusted $11.7 million for 2021. This means that for many families, estate tax liability isn’t a factor. However, for others, the annual gift tax exclusion continues to be an important estate planning strategy. For this reason, using a Crummey trust remains an important estate planning strategy. This article explores the benefits of giving Crummey powers to a trust.

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  • Net gift technique can reduce your gift tax rate

    January / February 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 662

    Abstract: Making gifts is an easy way to reduce the size of one’s estate. But if the impact of transfer taxes on those gifts is a concern, consider making “net gifts.” A net gift is simply a gift for which the recipient agrees to pay the gift tax, thereby reducing the value of the gift for tax purposes. This article explains how a net gift can reduce taxes.

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  • Can a charitable trust replicate a stretch IRA?

    January / February 2021
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 856

    Abstract: The “stretch” IRA is no more. But for those who have a substantial balance in a traditional IRA, a properly designed charitable remainder trust (CRT) can allow them to replicate many of its benefits. This article details how a charitable trust can act as an alternative to a stretch IRA. A sidebar explains that there are limits to how long a CRT can spread out distribution to heirs.

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  • Estate Planning Red Flag – You don’t have a will

    November / December 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 293

    Abstract: The need for a will as a key component an estate plan may seem obvious, but some may be surprised by the number of people — even affluent individuals — who don’t have one. One reason for this may be a common misconception that a revocable trust — sometimes called a “living trust” — obviates the need for a will. This brief article lists three key purposes of a will.

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  • Appointing a guardian for your children can be a difficult task

    November / December 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 577

    Abstract: It’s often said that a main reason people put off creating an estate plan is because of the difficulty in choosing a guardian for their children. However, that decision is one of the most important estate planning decisions a person must make. This article discusses how to choose the right guardian and what happens if the courts get involved.

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  • Opportunities and challenges – Valuation in the age of COVID-19

    November / December 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 709

    Abstract: The COVID-19 pandemic has had a significant impact on the value of many business interests and other assets, which creates some attractive estate planning opportunities. It also presents unique challenges for valuation professionals. As a result, it’s more important than ever to involve experienced valuation experts in the estate planning process. This article examines the opportunities and challenges of asset valuation during the COVID-19 era.

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  • A SPA trust can improve the flexibility of your estate plan

    November / December 2020
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 872

    Abstract: These are uncertain times. There’s uncertainty about the economy as well as the possibility of tax increases to address the rising federal debt. For example, there’s renewed interest in proposals that would slash the historically high gift and estate tax exemption. In light of this uncertainty, it’s a good idea to consider estate planning tools that offer asset protection as well as flexibility to adjust to changing circumstances. One such tool is the special power of appointment (SPA) trust. This article explains how a SPA trust can inject flexibility into an estate plan. A sidebar cautions readers about fraudulent transfer laws.

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  • 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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