IEP

Showing 305–320 of 324 results

  • Estate Planning Pitfall – You haven’t recently valued your estate

    October / November 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 267

    Abstract: If a person doesn’t know what his or her estate is worth, how can he or she plan to distribute it in the most tax-efficient manner? Over time, a person’s net worth and circumstances change, as do federal and state estate tax laws and regulations. This short article details why it’s important to have an independent appraiser value an estate.

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  • Policy decisions – Is it time to cash out your life insurance?

    October / November 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 603

    Abstract: Life insurance is a critical component of most estate plans because it can create a new source of wealth and liquidity to pay taxes and other expenses and to provide for loved ones. But there may be times when a person needs his or her assets to go toward something else. This article explains the options available to a person who no longer needs his or her life insurance policy.

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  • There’s nothing wrong with a defective trust

    October / November 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 915

    Abstract: In recent years, the intentionally defective grantor trust (IDGT) has emerged as one of the most effective techniques available for minimizing taxes in large estates. By combining the estate tax benefits of an irrevocable trust with the income tax advantages of a grantor trust, IDGTs offer some intriguing estate planning opportunities. This article discusses how an IDGT works and explains its benefits.

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  • Investing in your estate plan

    October / November 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1059

    Abstract: Whether a person has great wealth or his or her resources are more modest, the purpose of estate planning is the same: to ensure assets are distributed according to a person’s wishes and to preserve those assets so there’s something left to distribute after he or she dies. Asset preservation involves several components, including investment strategies designed to provide long-term growth. This article examines a few investment considerations that can affect an estate plan.

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  • Estate Planning Pitfall – You’ve designated a minor or legally incompetent person as beneficiary of your life insurance policy

    August / September 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 347

    Abstract: For many people, a life insurance policy is their most valuable asset. But all too often, they neglect to give the beneficiary designation the attention it deserves. One of the most common mistakes is designating a minor or legally incompetent person as beneficiary. Doing so actually defeats one of the fundamental purposes of estate planning: to have a say in how your wealth is distributed after you die. This short article explores the consequences of designating a minor or legally incompetent person as a life insurance beneficiary and suggests an alternative strategy.

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  • Could you be taxed in multiple states? How domicile affects your estate plan

    August / September 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 593

    Abstract: Where a person makes his or her home (his or her domicile) is primarily a lifestyle choice. But it can also have a financial impact, especially if the person divides his or her time among two or more states. Without careful planning, the person may find him- or herself in an unfortunate situation of having multiple states competing for his or her tax dollars. This article explains the estate tax implications of domicile. (Updated: 11/30/12)

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  • Income in respect of a decedent – Why some gift horses deserve a hard look

    August / September 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 594

    Abstract: The adage “don’t look a gift horse in the mouth” is often applied to inheritances. But for certain types of assets, a thorough inspection may reveal an unexpected tax bite. Most inherited property is tax free to the recipient, but there’s an exception for property that’s considered income in respect of a decedent (IRD). IRD can be a significant estate planning issue, especially if a person has large balances in an IRA or other retirement account — or inherits such assets. This article details what IRD is and how to plan for it. (Updated: 4/27/12)

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  • 4 common misconceptions about prenuptial agreements

    August / September 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 960

    Abstract: When it comes to marriage, money can be an emotionally charged subject. But few topics evoke a more passionate response than the prenuptial agreement. But prenups can be an effective way for many couples to achieve their financial and estate planning goals. This article discusses four misconceptions about prenups and briefly explains a postnuptial agreement.

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  • Estate Planning Pitfall – Your will or trust doesn’t name contingent beneficiaries

    June / July 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 204

    Abstract: Estate planning is difficult because it forces a person to plan for the possibility that his or her children or other family members might die before him or her. Failure to name contingent beneficiaries can derail an estate plan if a primary beneficiary isn’t there to receive the estate. This short article discusses contingent beneficiaries.

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  • Powers of appointment – Why decide today when you can put it off until tomorrow?

    June / July 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 839

    Abstract: One potential problem with wills, trusts and other traditional estate planning tools is that they force a person to make decisions about how his or her wealth will be distributed years or decades in advance. A power of appointment may solve that problem. It’s a document that authorizes another person, such as a family member or trusted advisor, to designate who will receive certain property. This article examines two types of powers: general and limited.

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  • Leaving a lasting legacy with a dynasty trust

    June / July 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 894

    Abstract: The idea of leaving a legacy that lasts for hundreds of years — or even perpetually — has a certain romantic appeal. A dynasty trust can preserve substantial amounts of wealth — and shelter it from federal gift, estate and generation-skipping transfer taxes — for generations to come. This article details how a dynasty trust works.

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  • Be flexible! Estate planning for an uncertain future

    June / July 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1079

    Abstract: Given the estate tax’s uncertain future, it’s more important than ever for people to build flexibility into their estate plans. During the last several years, exemption amounts have increased while tax rates have dropped. Under current law, the estate tax will disappear in 2010, only to reappear in 2011, when the exemptions and rates are scheduled to spring back to their 2001 levels. But lawmakers are expected to change the estate tax regime before 2010. This article explains strategies to use to build flexibility into an estate plan to make the most of any tax changes Congress devises.

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  • Estate Planning Pitfall – You and your spouse own most of your property as joint tenants

    April / May 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 349

    Abstract: There’s a common misconception that holding property as joint tenants with rights of survivorship is an effective estate planning technique. But if a person’s wealth exceeds the $2 million estate tax exemption and that person and his or her spouse own most of their property as joint tenants, the person is losing out on valuable estate planning opportunities. This short article discusses a better strategy: owning property as tenants in common.

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  • Estate planning in the 21st century

    April / May 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 472

    Abstract: The digital revolution has changed virtually every aspect of life, and estate planning is no exception. Today, many people do business, communicate and manage their finances online. The result is a wealth of “digital assets,” which may take the form of e-mails, online accounts or other information stored on the Web or remote servers. Unfortunately, in many cases, when the owners of these assets die, the user names, passwords, security codes and other protections die with them. This article explains why it’s important to leave loved ones with instructions on how to access digital accounts.

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  • Many happy returns – Total return unitrusts align beneficiaries’ interests

    April / May 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1106

    Abstract: At times, traditional trusts can create conflicts among beneficiaries, making it more difficult for a person’s estate plan to achieve its objectives and placing trustees in a difficult position. A total return unitrust (TRU) may offer a solution. This article details how a TRU works and discusses how to use a TRU for postmortem planning.

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  • Should you donate real estate to charity?

    April / May 2008
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1010

    Abstract: The real estate “bubble” may have burst, but many landowners continue to hold property that has appreciated significantly in value. One option for tax efficiently divesting such real estate is to donate it to charity. But there are several tax traps for the unwary. This article explains the obstacles and how to sidestep them.

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