Estate Planning
Learn the latest estate planning strategies to help clients pass on their assets to beneficiaries while minimizing taxes.
Debate: Should Congress Tighten Tax Rules on Grantor Trusts?
By Robert Bloink | William H. ByrnesUnder the Democrats' tax plan, assets transferred to a grantor trust would be included in the grantor's estate for estate tax purposes.
September 27, 2021
Long-Term Care Planning: What Advisors Should KnowPhysician and advisor Carolyn McClanahan outlined how advisors can help with long-term care decisions.
September 13, 2021
Capital Gains Tax Rate Set at 25% in House Democrats' PlanThe plan is short of what Biden had proposed and leaves intact the step-up in basis for assets at death.
September 09, 2021
Jamie Hopkins' 10 Tips for Estate Planning Amid Legislative UnknownsFollowing a reliable process can help advisors pivot if estate taxes rise or the step-up in basis is scaled back, Hopkins says.
September 09, 2021
Taxpayer-Friendly Trust Laws Are Florida's Latest AttractionUnder the new Uniform Directed Trust Act and Community Property Trust Act, Florida is even more hospitable to directed trusts or community property trusts.
September 03, 2021
Biden's Tax Plan May Trigger Key-Person Life SettlementsThe rush could come as aging business owners hurry to sell their companies this year.
August 26, 2021
Study Finds Big Drop in Share of Households With WillsThe share of householders over 50 with a will dropped from 60% to 44% over about two decades, CRR found.
August 24, 2021
10 Life Insurance Tax Facts to KnowLife insurance payouts and dividends can come with complex tax rules that financial planners should be aware of.