Married Couples: Estate Planning for Him and Her

Estate Planning for Married Couples

What better way to show your love than to make sure that you have an estate plan that covers and protects your spouse, while at the same time maximizing wealth transfer to your children (and grandchildren)?  Protection can come in the form of reducing the taxes that will be owed on your estate, or reducing… Read more »

Give While the Giving is Good

Giving Money

While we may or may not agree with President Donald Trump’s policies, the recent tax reform does allow for an increase of wealth transfer to the next generation for the next 8 years. The estate tax exemption limit has increased from around $5 million to about $11.2 million (the IRS website notes that the adjustment… Read more »

Estate Tax: Now You See It, Now You Still See It

dollar re-appearing

By now, you may have heard that the estate tax exemption has doubled from about $5 million per individual ($10 million or so per couple) to $11.2 million per individual ($10 million, adjusted for inflation) or $22.4 million per couple. Time to get rid of the all the plans you have to avoid estate taxes,… Read more »

New Year’s Resolution: Leave a Lasting Family Legacy

Family Legacy Trust: Planting a Legacy

It’s never too late to start making better choices. Each New Year offers an opportunity for a bit of healthy introspection, a chance to do something differently. Here is why creating a Family Legacy Trust should be at the top of the New Year’s Resolution list this year: New tax reform laws effective as of… Read more »

6 Estate Planning Secrets the Government Doesn’t Want You to Know

Estate Planning: Secrets for retaining wealth

“Despite their wealth and business savvy, more than one-third of high-net-worth families have not taken the most basic steps to protect and provide for their loved ones when they die,” cites a 2015 millionaire survey. Don’t Get Overwhelmed You’re not alone if the words ‘estate planning’ make you feel like a deer in the… Read more »

3 Tips Savvy Investors Use to Manage Insurance

Couple Managing Insurance Plans

Let’s face it, even with the new tax laws in place, insurance policies are the most tax efficient ways to generate wealth and transfer it to the next generation. Savvy advisors and investors know that well-managed assets should include a strategic use of life insurance, along with other investment vehicles.  An Investor’s Secret Weapon Just… Read more »

Why You’ll Never View Life Insurance the Same Way Again

Private Placement Life Insurance protects assets

With the 2017 tax reform that just passed, there are a few items that have drastically changed estate planning strategies for the affluent individual. But before we run around like a chicken without a head, let’s keep a few things in mind: The bill passed with zero Democrat support. When Democrats get back the majority,… Read more »

The Gift that Lasts a Lifetime

gift planning for a lifetime

You can’t help but catch your breath a little as you gaze into the eyes of your first grandchild, baby Ava. You hold her closely, feeling the warm bundle settle in your arms, and you gently kiss the top of her delicate, sweet face. You want nothing more than for her to be happy and… Read more »