Millennials Need to Start Talking about Estate Planning with their Parents
Millennials, talk estate planning with your parents Doing so can allow you to focus on care without stressing over critical choices in an emergency Erin Lowry PUBLISHED JAN 17, 2021, 5:00 AM SGT FACEBOOKTWITTER NEW YORK (BLOOMBERG) - Despite [...]
Estate Planning is a Sobering Experience–Perfect for your New Year’s Eve in 2020
Amy C. Arnott, CFA Nov 2, 2020 Facing the reality of our eventual deaths and the potential impact on our family has been a sobering experience--and one we’re still working through. All the relevant documents have been signed, sealed, [...]
Estate Planning is Really About Them–Not You
Having an Estate Plan Is Really Not About You - It Is About Them This article brought to you courtesy of Paula Walker, Confluence Law Center, Gresham Outlook Insider Estate Planning Expert. The New Year it is a good [...]
What is Probate? Why Your Clients Need to Avoid It.
What is Probate? Probate is the formal legal process that gives recognition to a will and appoints the executor or personal representative who will administer the estate and distribute assets to the intended beneficiaries. The laws of each state vary, [...]
3 Ways to Increase Your Wealth in 2021!
3 ways to increase your wealth—and maximize your legacy Published: Dec. 22, 2020 at 10:01 a.m. ET By Osman Minkara How to put effective tax, real estate and philanthropy strategies into place The coronavirus derailed many plans this year [...]
Calling Your Clients After Christmas? A Surprisingly Good Idea.
Christopher Friedmann Contributor December 25, 2020 This year, there has been a decline in usual seasonal conventions. It’s understandable. With everything that has happened over the last nine months, we’ve all cut back to the essentials. For some, that [...]
Marilyn Monroe’s Estate Keeps on Giving–$8 Million in Revenue Last Year.
The Wealth Advisor Contributor December 22, 2020 Marilyn Monroe’s estate makes millions every year. At the time of her death in 1962, the icon’s net worth was $10 million, when accounting for inflation. In 2020 alone, she made almost [...]
How to Manage the Taxation on Life Insurance
Tax Consequences of a Life Insurance Inheritance Life Insurance Proceeds and Probate BY JULIE GARBER REVIEWED BY SOMER G. ANDERSON Updated November 30, 2020 Life insurance inheritances go directly to the beneficiaries who are named on the policies. They [...]
Understanding Inheritance Tax–Now More Important than Ever!
Understanding Death, Estate, and Inheritance Taxes Types of Federal Taxes and State Taxes Imposed After Death BY JULIE GARBER REVIEWED BY JANET BERRY-JOHNSON Updated September 16, 2020 Two types of taxes can be assessed against your property after you [...]
Tax Planning Never More Important–Get Yours Before Biden Gets His!
Tax Planning for Beginners: 6 Tax Strategies & Concepts to Know Know your bracket, how key tax ideas work, what records to keep and basic steps to shrink your tax bill. Tina OremNovember 22, 2020 Many or all of [...]