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Showing 49–64 of 312 results

  • Estate Planning Red Flag – You’re borrowing from your retirement plan

    November / December 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 314

    Abstract: A person may be tempted to borrow from his or her 401(k) or other qualified retirement plan to pay for college tuition, credit card bills or other expenses. This brief article explains that, given the risks and hidden costs of borrowing from a retirement plan, it should generally be viewed as a last resort.

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  • Does your estate include intellectual property?

    November / December 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 627

    Abstract: If one has invented something during his or her lifetime and had it patented, their estate includes intellectual property (IP). The same goes for any copyrighted works. These assets can hold substantial value, and, thus, must be addressed by the person’s estate plan. This article explores how IP assets are generally treated differently than other types of property.

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  • The net investment income tax is alive and well

    November / December 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 532

    Abstract: The Tax Cuts and Jobs Act reduced individual income tax rates, but it left the 3.8% net investment income tax (NIIT) in place. It’s important to address the NIIT in an estate plan because it can erode earnings from interest, dividends, capital gains and other investments, leaving less for heirs. This article details how the NIIT works and how to reduce liability.

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  • Flex plan – In an unpredictable estate planning environment, flexibility is key

    November / December 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 993

    Abstract: Last year’s tax reform legislation made only one change to the federal gift and estate tax regime, but it was a big one. The act had the effect of more than doubling the combined gift and estate tax exemption, as well as the generation-skipping transfer (GST) tax exemption, from $5.49 million in 2017 to $11.18 million in 2018. This change is only temporary, however. Unless Congress takes further action, the exemptions will return to their inflation-adjusted 2017 levels starting in 2026. This article explains why it’s important to build some flexibility into an estate plan to address potential tax liability after 2025. A sidebar defines an estate tax “clawback.”

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  • Estate Planning Red Flag – Your charitable gifts are unrestricted

    September / October 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 318

    Abstract: If philanthropy is an important part of one’s legacy, he or she should consider taking steps to ensure that donations are used to fulfill the intended charitable purposes. This brief article explains how placing restrictions on a charitable gift can help ensure a charitable gift is used as the donor intended.

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  • Asset protection – A hybrid DAPT offers the best of both worlds

    September / October 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 635

    Abstract: If a person was concerned about personal liability, he or she might consider an asset protection trust to shield their hard-earned wealth against frivolous creditors’ claims and lawsuits. The benefit of a domestic asset protection trust (DAPT) is that it offers creditor protection even if the person is a beneficiary of the trust. But there are also risks involved. This article details why a “hybrid DAPT” might be a better option.

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  • Put pen to paper – A letter of instruction and a mission statement add clarity to an estate plan

    September / October 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 589

    Abstract: Legally binding documents, such as a will or living trust, spell out a person’s final wishes. But including a letter of instruction and a mission statement in an estate plan can go even further to help family members through a difficult period. This article explores what to include in a letter of instruction and a mission statement.

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  • Sec. 6166 – Estate tax relief for family businesses

    September / October 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 889

    Abstract: Now that the gift, estate and generation-skipping transfer (GST) tax exemptions have more than doubled to an inflation-adjusted $11.18 million for 2018, fewer people are subject to transfer taxes than ever before. But these taxes continue to place a burden on families with significant amounts of wealth tied up in illiquid closely held businesses. This article explains how Internal Revenue Code Section 6166 can provide relief. A sidebar discusses whether Sec. 6166 can be used with real estate businesses.

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  • New pass-through deduction creates estate planning opportunities

    July / August 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 570

    Abstract: The Tax Cuts and Jobs Act (TCJA) is best known for slashing income tax rates paid by C corporations and temporarily reducing individual rates. It also created a new 20% deduction for pass-through entities, effective through 2025, to help them compete with lower-taxed corporations. This article explores the estate planning opportunities this deduction has created.

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  • Estate planning solutions for members of the “sandwich generation”

    July / August 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 678

    Abstract: Those who are caring for their children and elderly parents, all while trying to save for retirement, are considered to be part of the “sandwich generation.” This article provides estate planning techniques to incorporate to address the circumstances of being a member of the sandwich generation.

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  • Estate Planning Red Flag – You’re getting divorced

    July / August 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 307

    Abstract: A divorce is a life event which calls for an estate plan review and possible revisions. If alimony payments are part of a divorce agreement, be aware that the Tax Cuts and Jobs Act has changed alimony rules. This brief article discusses estate planning revisions to consider when getting a divorce.

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  • Thinking about a Roth IRA conversion? Now may be the ideal time

    July / August 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 839

    Abstract: Roth IRAs offer significant financial and estate planning benefits. If one has a substantial balance in a traditional IRA and is considering converting it to a Roth IRA, there may be no better time than now. This article details the reason why reduced income tax rates under the Tax Cuts and Jobs Act reduces the cost of converting a traditional IRA to a Roth IRA. A sidebar explains why it’s not too late to undo a 2017 Roth IRA conversion.

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  • Estate Planning Red Flag – Your estate plan includes a formula funding clause

    May / June 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 323

    Abstract: The estate tax exemption is higher than it’s ever been, thanks to the Tax Cuts and Jobs Act. If a person is married and executed his or her estate planning documents years ago, when the exemption was substantially lower, now is the time to review the plan to ensure that the increased exemption doesn’t trigger unintended results. This brief article examines how changing exemption rates can affect a formula funding clause.

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  • Leave your mark – The Tax Cuts and Jobs Act enhances the power of a dynasty trust

    May / June 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 616

    Abstract: For some, leaving a lasting legacy is a prime objective of their estate plan. A dynasty trust is one vehicle to do so, and the Tax Cuts and Jobs Act has increased its power with a substantially increased generation-skipping transfer (GST) tax exemption amount. This article discusses how a dynasty trust works and how the GST tax affects their effectiveness.

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  • Expanded 529 plans offer unique estate planning benefits

    May / June 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 587

    Abstract: Under the Tax Cuts and Jobs Act, tax-advantaged 529 savings plans were expanded to cover elementary and secondary school expenses. This article defines a 529 savings plan and details the estate planning benefits.

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  • Avoiding the kiddie tax is more important than ever

    May / June 2018
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 937

    Abstract: Under the Tax Cuts and Jobs Act (TCJA), the kiddie tax has become harsher for many families: Now, a child’s unearned income is taxed according to the tax brackets for trusts and estates, under which the highest tax rates kick in at far lower income levels. For example, the highest tax rate — 37% — applies when a child’s taxable unearned income tops $12,500. This article explains the kiddie tax and how the TCJA affects it. Two charts display ordinary-income and long-term capital gains tax rates.

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