Does this look like the plan for your IRA? Amass as much money as you can, compounding interest and deferring taxes until you retire. At that point, you’ll likely be in a lower tax bracket, so you will receive a higher payout. Everything you don’t need will go to your children. I Hate to Burst… Read more »
In the game of Monopoly (™), the person with the most properties in the end usually wins. In real life, having the most properties in the end could also mean paying the most in taxes. Let’s take a look at how to maximize your investments in real estate while minimizing your taxes. Catch 22 Investment… Read more »
If you have high insurance premiums, carrying life insurance can feel like a burden. So the recent increase in the estate tax exemption limit to $22 million (for couples) seems like a ‘get out of jail free’ card. Certainly, if life insurance was purchased simply to cover estate taxes, and there will not be any… Read more »
