Grandchild in College? Paying Tuition Could Save Gift and Estate Taxes
Now’s the time of year when many young adults are about to head back to college — or to enter their first year of higher education. If you have a […]
Give And Receive With A Charitable Remainder Trust
Would you like to benefit charity while reducing the size of your taxable estate yet maintain an income stream for yourself? Would you also like to divest yourself of highly […]
How to Handle Claims Against Estates
As an executor, it’s your responsibility to settle the estate you’ve been entrusted to administer. An important part of your job is identifying legitimate expenses of the estate and paying […]
Now’s the Time to Consider Short-Term GRATs
Congress’s decision not to include a proposed minimum term for grantor retained annuity trusts (GRATs) in the tax legislation passed back in January 2013 — combined with low interest rates […]
529 Plans Offer Tax Benefits
It’s fun to imagine what your child’s future holds. If college is part of your dream, you may also be thinking about how to pay for tuition. One way is […]
Time to Update Your Estate Planning
Have you been putting off your estate planning due to uncertainty in the tax law? Then you’ll be happy to hear much of the uncertainty has been eliminated by the […]
Portability Doesn’t Preclude Need for Marital Transfers & Trusts
Exemption portability, made permanent by the American Taxpayer Relief Act of 2012, provides significant estate planning flexibility to married couples if sufficient planning hasn’t been done before the first spouse’s […]
What Makes People Give?
Individual donations are the lifeblood of many nonprofits and, thus, not-for-profit leaders should have a good handle on why people dip into their pockets and donate money or other gifts. […]