Articles & Information

New Pass-Through Deduction Creates Estate Planning Opportunities

Date posted: October 2, 2018

The Tax Cuts and Jobs Act (TCJA), enacted late last year, is best known for slashing income tax rates paid by C corporations and temporarily reducing individual rates. It also created a new 20% deduction for certain entities, effective through 2025, to help them compete with lower-taxed corporations. The deduction — which is available to […]

Thinking About A Roth IRA Conversion?

Date posted: September 27, 2018

Now May Be The Ideal Time Roth IRAs offer significant financial and estate planning benefits. If you have a substantial balance in a traditional IRA and are considering converting it to a Roth IRA, there may be no better time than now. The Tax Cuts and Jobs Act (TCJA), enacted late last year, reduces individual […]

Is a Significant Portion of Your Wealth Concentrated in a Single Stock?

Date posted: September 17, 2018

Estate planning and investment risk management go hand in hand. After all, an estate plan is effective only if you have some wealth to transfer to the next generation. One of the best ways to reduce your investment risk is to diversify your holdings. But it’s not unusual for affluent people to end up with […]

3 Reasons You Should Continue Making Lifetime Gifts

Date posted: September 13, 2018

Now that the gift and estate tax exemption has reached a record high of $11.18 million (for 2018), it may seem that gifting assets to loved ones is less important than it was in previous years. However, lifetime gifts continue to provide significant benefits, whether your estate is taxable or not. Let’s examine three reasons why […]

Protect Your Peace of Mind with a Trust Protector

Date posted: September 10, 2018

Irrevocable trusts can allow for the smooth, tax-advantaged transfer of wealth to family members. But there’s a drawback: When you set up an irrevocable trust, you must relinquish control of the assets placed in it. What you can control is who will eventually oversee distribution of the assets after your death. That is, you can […]