Three year-end gifting strategies
Some estate-planning strategies require action before the end of the year — and clients may want to consider taking advantage of them before they lose the opportunity. Chris Hennessey...
Putnam Wealth Management
Preserving and enhancing wealth for the future
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Posts from category: Estate and Wealth Transfer
Digital estate planning is a growing issue
When thinking about estate planning, clients may not consider assets held behind firewalls and encrypted passwords on the Internet. But so-called “digital assets” — including online entrepreneurial ventures, music...
Gift assets today — or pass them to heirs after you die?
With firmly-established exemption levels for estate and gift taxes, clients have more clarity on what they can do to limit taxation of their estates. The estate and gift tax...
Planning Idea
Six ways to connect with your clients’ next generation
Financial advisors can lose between 80% and 90% of their business when a client dies, according to Financial Planning news. The challenge for advisors is to develop family relationships...
Planning Idea
Five estate-planning strategies for 2014
The permanent federal estate-tax exemption levels do not mean that clients with estates of lesser value can avoid planning. Many aspects of estate-planning remain critical to a comprehensive financial...
Conference call for financial advisors on November 19
Exclusively for financial advisors, Putnam’s wealth management team leads a call on recent budget proposals and how investors can prepare for this tax season. Topics include: Post-government shutdown update:...
Even the famous make estate-planning mistakes
It doesn’t matter if you’re rich and famous — even celebrities trip up when it comes to estate planning. The stories of late celebrities James Gandolfini, Sonny Bono, and...
Planning Idea
While rates are low, here are three estate planning ideas
Interest rates have reached historic lows since the Federal Reserve continued to maintain its quantitative easing program. Given the current environment, high-net-worth clients may want to explore certain strategies...
Planning Idea
Clarity on estate tax can prompt client discussions
Whether your client’s estate is large, small, or somewhere in between, a new law that took effect this year might warrant a closer look. The American Taxpayer Relief Act...
Planning Idea
Long-term care may be part of an estate plan
With escalating costs, health care has become a critical part of retirement planning. But health expenses are not limited to acute care. Many people may need long-term care, which...