If you have a family trust—or are considering creating a family trust—to protect your assets you may want to ask your attorney about creating an out of state trust. It’s a grantor’s market (so to speak) and creating a trust these days doesn’t mean you have to simply accept the tax laws of your state… Read More »
Posts Categorized: Tax Planning
The Future of Estate Planning With the New 2011 Tax Laws
The passage last week of the bipartisan tax bill has many people breathing a huge sigh of relief. Not only is the tax uncertainty at an end, but the end result is beneficial to just about all American taxpayers, regardless of your wealth or the size of your estate. According to The Wall Street Journal,… Read More »
A Time for Giving
The holidays are upon us; a time for giving thanks, giving gifts, and giving to those less fortunate than ourselves. In honor of the season of giving I would like to share this article from USA Today about philanthropist Charlie Annenberg Weingarten, grandson of diplomat and media tycoon Walter Annenberg. Mr. Weingarten is the director… Read More »
Tax Strategies for Financial Success… Even During Uncertain Times
2010 has been, without a doubt, one of the most unusual tax years in recent memory. Not only did Congress unexpectedly allow the lapse in estate tax, but they seem to be unable to come to any decisions about the future tax code. This lack of resolution has people reacting in one of two ways:… Read More »
Character Matters When It Comes to Choosing Your Advisors
Character is important when it comes to choosing your advisors. These are the people who help you make decisions about the most important things in your life—financial security, protecting your family, preserving your privacy—and when something happens to you these are the people who (you hope) will help your loved ones get through the difficult… Read More »