Supreme Court Ponders Changing the Rules on Nonspousal Inherited IRAs
In June, the justices are expected to rule on whether nonspousal inherited IRA funds can be exposed to creditor claims in bankruptcy proceedings.
More Money, More (Tax) Problems: How HNWs Can Reduce Their Tax Bills
Estate planning attorney Scott Squillace talks to ThinkAdvisor about how HNW clients can minimize taxes through charitable giving, loss harvesting and other strategies.
M*A*S*H Star Turned Mogul Wayne Rogers Blasts Tax Code, Offers Tips
M*A*S*H TV star and serial businessman Wayne Rogers discusses why the tax code is broken and has some choice words for Dodd and Frank.
Alternative to a Spousal Lifetime Access Trust: One-Way Buy-Sell Deal
A one-way buy-sell agreement can ensure that a business-owning client’s dual goals—spousal income security and an orderly business transition—can be met.
10 Big Estate Planning Mistakes of the Rich & Famous
Overlooking estate planning basics can leave heirs facing years of court battles over taxes and who gets what.
4 Ways Not to Ruin Your Clients’ Taxes
Advisor and tax expert Less Antman says most people lose more money trying to reduce taxes than they end up shaving from their tax bills.
IRS Grants Reprieve for Late Portability Elections
The IRS has provided a limited reprieve for clients who didn't take advantage of the portability of a first-to-die spouse’s unused estate tax exemption.
Income Taxes Can No Longer Be Ignored in Estate Planning
The estate tax exemption may have been raised to $5.34 million, but that's far from the end of the story.
NFL Players’ 6 Biggest Estate Planning Mistakes
They may be living out their childhood dreams, but professional football players can find themselves in a financial nightmare if they're not careful.
Divorce Planner’s Novel Approach Leads to Lucrative Business
The overwhelming majority of divorcing clients Justin Reckers assists end up on his wealth management platform post-divorce.