- A well-thought-out process for distributing your estate to people and institutions you wish to benefit.
When thinking about estate planning, your approach may be that of many Americans—distribute the estate to your kids as soon as possible after your death. That’s a workable plan for many. But it...
What to do? What to do? The 2020 presidential election is just around the corner and questions are being asked about how to protect your wealth, no matter who’s elected.
Each candidate has broadly divergent views about income taxes, capital gains taxes, estate taxes; how much you keep and how...
Revocable Living Trusts have become a very common estate planning technique. A Trust can replace a Will because it outlines how your assets are to be distributed. But a Trust can also protect your assets while you’re living and provide a process of caring for you if you become...
Welcome to the show, where you, as part of the studio audience get to hear some of the most common reasons why people don’t plan for the distribution of assets after they’re gone. Listen closely, so you don’t make the same excuses.
Okay, maybe that’s a little over-the-top, but not...
The desire to leave a legacy when you depart
this world has always been the reason to do estate planning. Until now, that’s
been enough. But in today’s world of technology, few people are considering
what to do with their digital assets—Facebook accounts, Twitter accounts, your
business website, online banking. What happens to...
Celebrities are often placed on a pedestal because of their success and their extraordinary talent—people like Elvis, Aretha Franklin, Prince, Michael Jackson, Howard Hughes, Pablo Picasso, Bob Marley and Jimi Hendrix. They were gifted and they made boat-loads of money doing what they did best.
But making money has no...
With the end of the year in sight, lots of plans are being made—what gifts to buy, what the menu will be, and how to shed the extra weight that will inevitably be acquired. But part of your holiday planning needs to include a year-end investment checkup so you...
The government giveth, and the government taketh away. And so it is with the Stretch IRA. For years, the stretch IRA has been a financial planning strategy used to extend the tax-deferred status of an IRA by passing it on to a non-spouse beneficiary, such as children or grandchildren,...