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 exemption is the dollar amount that an individual can transfer to … Continue reading
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 in order to continue to work with the next generation after … Continue reading
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 plan. Here are five estate-planning strategies to review with clients. 1. … Continue reading
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: Where things stand today What’s ahead: Budget Conference Committee proposal, government … Continue reading
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 Elvis Presley offer a lesson. 284625
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 that may benefit from lower rates. At the same time, several … Continue reading
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 holds important provisions for investors with estate assets. The law made … Continue reading
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 can quickly reduce or drain household assets if you or your … Continue reading
The American Taxpayer Relief Act of 2012 made several estate tax provisions permanent, creating planning opportunities that advisors may review with clients seeking to lessen the tax impact. 1. New exemption amount affects all clients The now-permanent $5 million exemption … Continue reading
The American Taxpayer Relief Act of 2012 made permanent changes to the federal estate tax law, including establishing a $5 million exemption, indexed for inflation. The new exemption amount means approximately 4,000 estates could still cross the threshold and be … Continue reading
Planning, prospecting, and the Affordable Care ActWhy advisors should understand the implications of health-care reform -- on prospecting, retirement planning, tax planning, and more.
Health-care reform: Key considerations for all types of clientsLearn how new taxes resulting from the health-care law will affect clients with different income levels and at various stages of retirement planning.
Plan ahead for employer mandate, despite new deadlinesDespite delays in the insurance mandate, business owners may want to plan now to meet upcoming requirements and avoid penalties.
Is a Roth conversion right for your clients?
Putnam's Roth IRA Conversion Evaluator is a quick and visual way to see if your client can benefit from a Roth conversion.