As year-end nears, retirement planning becomes a focus for investors, especially retirees who have year-end deadlines for retirement income distributions.
Tax reform has created an opportunity for investors to defer taxes on capital gains if they invest in so-called “Opportunity Zones”
Individuals can choose to make a gift while they are living, or include it in their estate plan for distribution upon death.
Investors may overlook a serious risk to their net worth — creditor risk — and as a result not carry excess coverage such as umbrella insurance.
Estate planning remains important for investors despite changes under the new tax law.