Keep your estate plan on track with a beneficiary review
Year-end is an opportune time to offer a beneficiary review to ensure that accounts are up-to-date.
Category: Estate and Wealth Transfer
When donating to charity, investors may want to explore this IRA strategy
Investors may want to consider using an IRA strategy to direct donations to charity and receive a tax advantage.
Proposed RMD changes could help retirees keep more of their savings
The federal government wants to update the life expectancy projections that investors use to calculate an RMD from retirement accounts.
At year-end, consider lumping charitable gifts
With new limits to tax deductions under tax reform, investors may consider lumping charitable gifts into one year to achieve a tax deduction.
Create a checklist for when a family member passes away
Most families do not want to think about losing a loved one. But creating a checklist for family members may help them navigate a difficult situation.
Strategies to preserve step-up in cost basis under new tax landscape
The focus in estate planning has shifted to income taxes, including strategies for the step-up cost basis, a planning consideration to manage capital gains.
Same-sex couples face challenges in financial planning
While progress has been made on marriage equality, same-sex couples may continue to face obstacles to saving and other financial planning issues.
Is the stretch IRA doomed?
With sweeping retirement legislation garnering massive support in Congress, concerns about the future of the stretch IRA have resurfaced.
When a defective trust may be effective
A so-called defective trust may help business owners transfer wealth to other family members during their lifetime in a tax efficient manner.
Five estate planning considerations for year-end
Estate planning remains critical as investors seek to manage the distribution of assets as well as meet any state tax requirements.