The Tax Advantages of Charitable Remainder Trusts
What happens when you combine aging baby boomers and a stock market reaching all-time highs? A renewed interest in charitable remainder trusts (CRT). The oldest of America’s 72 million baby boomers are…
The One IRA Mistake That Could Cost Your Family Thousands
Each financial institution has a unique default beneficiary sequence.
Retirement Planning and the Surviving Spouse By Rick Rodgers
Retirement planning as a couple should not overlook the challenges created when the first spouse dies. Most household expenses do not get cut in half because there is only one person…
Should You Pre-Plan or Pre-Pay Your Funeral?
Here are points to consider.
Estate Planning Options for Parents of Minor Children
Parents of minor children face the question of what to do with their assets through their will. Assets can be left outright in a trust until the child reaches the age…
Teach Your Children Well – Or They Are Likely to Waste Their Inheritance
Studies estimate the baby boom generation is set to inherit $11.6 trillion over the next 20 years from their parents. The baby boomers are expected to pass on as much…
Clearing The Confusion About RMDs
Some helpful examples.
Rules for Filing a Gift Tax Return
Some basics.
The Death of Equities — 33 Years Later
Does this sound familiar?
Charitable Contributions… Know the Rules
The IRS has tightened the rules for charitable giving over the past decade.
The ABC’s of Deducting Losses in Variable Annuities
The mechanics of doing so are tricky.
What To Do When a Relative Passes Away
When my father died a few years ago my mother was overwhelmed by the many details that needed to be attended to during such an emotional time. My Mom was fortunate…
Four Tricks to Being a Better Car Buyer
Here’s a few tips to help save you money.
Keep Up-to-Date with Social Security
Annual Social Security benefit statements no longer come in the mail.
What Qualifies as a Capital Asset?
All capital gains are reportable and subject to tax.
Estate Planning Considerations — Spendthrift and IRA Trusts — Part 3 of 3
Previous posts in this series: Part 1, Part 2 I want to wrap up my series on leaving wealth to your heirs by looking at two more types of trusts. Leaving…
Should Your Child Have a Roth IRA?
It’s an opportunity to start saving for children while they are young.
Do You Hold Title Correctly for Your Real Estate?
Property title questions during financial planning interviews often draw blank stares. Yet, understanding the differences among tenants-in-common, joint tenancy and community property is important for creditor protection issues, estate planning,…
When Is Your Beneficiary Not Your Beneficiary?
A man enrolled in his company’s 401(k) plan and named his wife as the sole beneficiary of his account. Years later, his wife died and the worker updated his account to…
Helping or Spoiling?
That’s the question a parent must ponder when an adult child asks for financial assistance. One of the greatest parts of being a parent occurs when you become a grandparent. So, it is…
