Trusts and Estates
Learn which trust is best for which clients, the tax benefits of different estate planning strategies and how to transfer wealth responsibly, as well as estate planning techniques that benefit families with special needs
Building a Personalized Disaster Plan for Clients: Pt. 2—The 4 Big Post-Disaster Dangers
By Andrew RiceWhen it comes to a disaster plan, make sure clients first create a disaster supply kit, and then prepare to address identity theft, insurance claims and a death in the family.
September 15, 2011
IRS Offers Large 2010 Estates Filing, Penalty ReliefLarge estates of people who died last yearthose valued at more than $5 millionwill have until early next year to file required returns and pay any estate taxes due, the IRS announced.
September 15, 2011
Sidestepping Income Tax When a Policy Is Canceled With Outstanding LoansInsolvent insureds can avoid income tax when a life insurance policy is terminated while loans are outstanding.
September 13, 2011
How to build a referral-based businessWithout question, getting clients through referrals is the most powerful way to build your business, not to mention the most enjoyable.
September 09, 2011
CLATs: A Leading Estate Planning Strategy for Wealthy ClientsWhy a charitable lead annuity trust should be an integral piece of a tax-efficient wealth transfer plan in the current economic environment, and an example of how CLATs work.
September 08, 2011
The Bypass Trust Is Obsolete: Now What?If the bypass trust is obsolete, what do we replace it with?
September 07, 2011
IRS Issues Basis Guidance for Estates Electing Against the Estate TaxThe IRS has dropped the second shoe; giving taxpayers guidance through the complex procedural machinations they must follow to avoid the 2010 estate tax.
September 05, 2011
Daylight Savings TimeThe 2010 Tax Relief Act was supposed to give a two-year reprieve to the sunset of the Bush tax cuts. But will they do more harm than good?