Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Tax Planning Advice: The Benefits of a GRAT—Benjamin Ledyard
By Michael S. FischerGrantors can make a gift, utilize the exemption and receive income from the gifted asset using a GRAT strategy.
March 11, 2011
Tax Planning Advice: Help Clients Organize Their Documents—Andrew RiceGetting clients to organize their tax documents can be time well spent.
March 10, 2011
Tax Planning Advice: Create an Efficient Process for Clients—Andrew RiceHelping clients create an efficient process for gathering tax papers can result in better, more effective tax planning all around. No more shoeboxes.
March 09, 2011
Distracted advisor tip: Empty your mind in 7 stepsAdvisors who are distracted with a mind full of to-dos don't realize that they are filling up their mind's "working memory." To keep my working memory clear I use the "empty your mind" process.
March 09, 2011
S. 23: Patent Bill Includes Tax, Business Methods ProvisionsMembers of the Senate have voted 95-5 to pass S. 23, the America Invents Act bill - a measure that could affect insurers' and planners' ability to patent business methods and tax management strategies.
March 09, 2011
Tax Planning Advice: Leverage the Estate Tax Exemption—Gavin MorrisseyStart giving away assets in the window of opportunity the 2010 Tax Act created, says Gavin Morrissey. A GRAT would also be a good idea.
March 09, 2011
Tax Planning Advice: When Bypass Trusts Still Make Sense--Gavin MorrisseyDespite the new federal estate tax's portability, there are instances where a bypass trust is still helpful to some clients, especially those who face state estate tax liabilities.
March 09, 2011
Tax Planning Advice: Leverage the ExemptionStart giving away assets in the window of opportunity the Tax Act created, says Gavin Morrissey