How do you want to set up your IRA? Do you want to leave it to your spouse upon your passing? Or maybe your children? How about a combination of both? Learn about the fixed life expectancy, recalculated and charitable remainder trust methods and which may be best for you...more
In part due to the more than nine years of US stock market gains coupled with the fact that the economy is in the midst of its longest running expansion ever, a new class of Americans has been created who need to be concerned with estate taxes and the infamous "Death Tax". Find out what you can do to protect yourself...more
A common reason for setting up an estate plan is to save money on tax liability when the estate is passed on to its recipients. Find out more on the subject here!...more
A qualified personal residence trust is effective when you do not want your home or vacation home considered part of your estate. This helps you to depreciate the value of your estate, therefore helping to lessen the estate taxes your heirs will be hit with. But is this right for you?
An IRA can be stretched out over the lifetime of several beneficiaries, therefore helping out the IRA owner's spouse as well as the children and the grandchildren. How does this 'stretch' IRA work?
A family-owned business stands to lose 55% of all its assets when it passes from one generation to the next. This is due to the federal ?death tax? that is applied to the portion of estates. Find out how you can beat the death tax and pass your business on intact to your heirs.