IEP
Showing 65–80 of 384 results
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Estate Planning Pitfall – You haven’t provided a password list to relatives
April / May 2021
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 243
Abstract: Those who are relatively young and in good health typically ignore the possibility that they could suddenly and unexpectedly become incapacitated or even die. In a worst-case scenario, their loved ones will be locked out of their online accounts. This brief article explains why it’s important not to make this mistake.
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Family advancement sustainability trust – A flexible trust that can achieve many estate planning goals
April / May 2021
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: While, ultimately, a person creates an estate plan to meet technical objectives, such as minimizing gift and estate taxes and protecting assets from creditors’ claims, he or she should also consider “softer,” yet equally critical, goals, such as educating children on how to manage wealth responsibly. This article details how a family advancement sustainability trust can help achieve this goal.
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Thinking of moving abroad? Consider the estate tax planning implications before relocating
April / May 2021
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 763
Abstract: Considering moving abroad because of a new career opportunity or looking to retire to a warmer climate? If so, it’s critical to consider how the move may affect one’s estate plan. This article explains the income and estate tax ramifications.
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Opening up to SLAT opportunities
April / May 2021
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 778
Abstract: Estate tax planning can become complicated when multiple parties are involved. For example, one may be concerned about providing assets to a surviving spouse of a second marriage, while also providing for his or her children from a first marriage. Of course, one will also want to take advantage of favorable estate tax provisions in the law. This article details why a spousal lifetime access trust (SLAT) can meet those objectives. A sidebar examines the pitfalls of reciprocal trusts.
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Estate Planning Pitfall – Your elderly relative won’t commit to estate planning
February / March 2021
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 267
Abstract: There are many obstacles in the path to estate planning. One of the more difficult to overcome is when an elderly parent or family member refuses to cooperate or even acknowledge the need for estate planning measures. This brief article discusses steps to take to encourage a parent or other family member to create an estate plan.
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The art of estate planning – An art collection is a special asset to account for in an estate plan
February / March 2021
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 752
Abstract: It goes without saying that an art collection, including paintings, sculptures and other pieces of art, can represent a significant portion of a person’s estate. Thus, it’s critical to account for these assets in their estate plan. This article stresses the importance of having one’s art collection valued by a professional valuator and lists three options available for incorporating art into an estate plan.
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Understanding the terms of health care directives
February / March 2021
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 699
Abstract: Estate planning experts usually cite the need to include advance health care directives in a comprehensive estate plan. But there’s often disagreement about the legal names given to those directives and their optimal use, depending on one’s jurisdiction. In any event, regardless of what they’re called in the state where you reside, it’s important to create these documents and keep one’s family in the loop. This article defines several health care directive terms.
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Attention business owners: It’s time to talk about estate planning
February / March 2021
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 832
Abstract: For many small business owners, estate planning may be the last thing on their minds, especially if they’re struggling to recover after a turbulent 2020. However, not only can estate planning help ensure that one’s objectives are met should they die unexpectedly or become disabled, it may protect the business. Also, an estate plan may provide a smooth transition to the next generation. This article details specific estate planning strategies for business owners.
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Estate Planning Pitfall – You’ve named the wrong executor
Year End 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 318
Abstract: Appointing the executor of an estate is a critical estate planning decision. Many typically turn to a family member, such as a spouse or adult child, as a first choice. What happens when the person who would be the obvious choice turned out not to be the best one for the job? This brief article explains why choosing the “wrong” executor could cause a multitude of problems.
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Shh! This is a silent trust — let’s keep it quiet
Year End 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 599
Abstract: Generally, estate planning advisors recommend that individuals be upfront with family members about how they plan to divide their assets. However, when using a “silent trust,” sometimes referred to as a “quiet trust,” people will have to keep their plans to themselves. This article explains that a silent trust limits the amount of information shared with beneficiaries or, in some cases, keeps the existence of the trust secret.
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Consider all the angles of joint ownership
Year End 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 768
Abstract: Estate planners generally tout the virtues of owning property jointly — and with good reason. Joint ownership offers several advantages for surviving family members. But this shouldn’t be viewed as a panacea for every estate planning concern. This article details the two types of joint ownership as well as the advantages and disadvantages.
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Does a qualified charitable distribution make sense this year?
Year End 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 925
Abstract: A unique provision in the tax code allows certain transfers, made directly from a traditional IRA to a qualified charitable organization, to avoid taxation. Although this benefit of a qualified charitable distribution (QCD) has been negated for 2020, there are still several viable reasons for making a QCD this year. This article explains how the current tax laws in 2020 affect QCDs. A sidebar details how QCDs work.
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Estate Planning Pitfall – A significant portion of your wealth is concentrated in a single stock
October / November 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 315
Abstract: When building a nest egg, it’s important to remember not to limit investment holdings to only a handful of winners. It’s often said that past performance isn’t a guarantee of future results. This brief article explains the risk of losing one’s nest egg because of having high-risk stock exposure.
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Is now the right time to forgive intrafamily loans?
October / November 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 572
Abstract: Whether one made intrafamily loans years ago or perhaps this year in response to a loved one’s financial troubles due to the COVID-19 pandemic, consider forgiving those loans. Why? A record-high gift and estate tax exemption amount and a low-interest-rate environment add up to an ideal time to forgive intrafamily loans. This article explains the reasons to forgive a loan and details the income tax considerations of doing so.
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FAQs about QPRTs
October / November 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 750
Abstract: Using a qualified personal residence trust (QPRT) to transfer ownership of a home to a trust can avoid potential estate tax pitfalls without drastic changes during one’s lifetime. Essentially, a person can continue to live in the home for a stated term of years. When the trust ends, the remainder interest passes to designated beneficiaries, such as one’s children. This article answers FAQs about QPRTs.
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No free lunch for the sandwich generation
October / November 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 937
Abstract: The sandwich generation is the name given to people caught in the middle between caring for elderly parents or in-laws and raising young, and sometimes not-so-young, children. And, of course, they still have to handle their own affairs. This article explains how to develop a comprehensive estate plan that accommodates the needs of all the parties by approaching the situation in a logical and organized manner. As the main article mainly focuses on dealing with elderly parents, a sidebar explores ideas on how to accommodate child-related needs.