IEP
Showing 161–176 of 384 results
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Estate Planning Pitfall – You reside in a state with high estate tax
April / May 2017
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 288
Abstract: Even though reforms being debated by Congress could repeal the federal estate tax with certain modifications, state estate taxes might still siphon off hundreds of thousands of dollars regardless of what happens under federal law. This brief article provides options if a person lives in a state with high estate taxes.
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The flexibility of stretch IRAs – Learn how your IRA can benefit your spouse and other beneficiaries
April / May 2017
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 655
Abstract: IRAs are meant to be used for retirement saving. However, if a person doesn’t need to tap into an IRA for income during retirement, he or she can preserve the assets as part of his or her estate, above and beyond what was already set aside for his or her spouse and children. This “stretch IRA” strategy can be beneficial for both spousal and nonspousal beneficiaries. This article explains the rules for required minimum distributions and details how a stretch IRA works.
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What’s the best option for a pension plan payout?
April / May 2017
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: Typically, estate planning and retirement planning go hand in hand. Why? The more wealth a person is able to set aside for retirement — and the better job he or she does managing retirement funds — the more that will be left to provide for his or her beneficiaries after death. This article explains why a key decision to make is choosing the best option for receiving payouts from a pension plan.
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Protect multiple generations with a dynasty trust
April / May 2017
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 708
Abstract: Dynasty trusts have nothing to do with the popular soap opera from the 1980s, but everything to do with leaving a lasting legacy. Although this type of trust is often created to reduce estate taxes, it can also provide other benefits and protections for affluent families. Most important: A dynasty trust may last for multiple generations. This article details the tax and nontax benefits of a dynasty trust, with a sidebar answering three questions about these trusts.
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Estate Planning Pitfall – You’ve videotaped your will
February / March 2017
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 286
Abstract: Technology enables a deceased person to express wishes to his or her assembled family from beyond the grave, but states generally require wills to be physical documents that are written, signed and properly witnessed during a person’s lifetime. By itself, a videotape isn’t a legally valid substitute for a will. This brief article explains how a videotaped will fits into an estate plan.
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Is a donor-advised fund right for you?
February / March 2017
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 678
Abstract: Those who make sizable gifts to charitable causes can realize personal rewards from their generosity and claim a deduction on their tax returns. One drawback is that, once the money or assets are contributed, they generally have no further say on how the funds are used. This article details why a donor-advised fund may be a solution.
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Maintaining family harmony – Balance beneficiaries’ needs with a total return unitrust
February / March 2017
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 842
Abstract: A traditional trust can sometimes create a conflict among the lifetime and remainder beneficiaries. This makes it more difficult for an estate plan to achieve its objectives and places the trustee in a difficult position. The article explains how a total return unitrust can act as a solution.
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Stretch out estate tax on business interests
February / March 2017
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: Frequently, heirs of successful entrepreneurs are forced to sell off business interests at “fire sale” prices to help pay federal estate taxes. To alleviate the tax strain, Internal Revenue Code Section 6166 allows heirs to stretch out estate tax payments over time. This article explains the ins and outs of Sec. 6166. A sidebar explains how a life insurance policy can help ease the tax bite.
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Estate Planning Pitfall – You’re donating high-basis stock to charity
Year End 2016
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 263
Abstract: As the end of the year approaches, many may begin thinking about making gifts to qualified charitable organizations as a way to reduce potential estate and income tax liability while supporting a worthy cause. This brief article explains the potential outcome of donating high-basis stock.
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Preparing for a new year – Take time now for a quick estate plan review
Year End 2016
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 617
Abstract: Year end is the time to make certain estate planning provisions to protect the interests of heirs and minimize potential estate tax liability. It’s also a good time to conduct a quick review of your estate plan. This article explains what the review should cover.
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If it’s broken, fix it! Trusts that no longer achieve their objective can be repaired
Year End 2016
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 812
Abstract: What with changing life circumstances and new tax laws, not to mention potential mistakes made when an estate plan was first drafted, the trusts used in the plan may now be “broken.” This article details why trusts break and techniques to use to repair them.
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6 estate planning techniques for blended families
Year End 2016
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 818
Abstract: A “blended family” is more than just a staple of TV sitcoms. Today, it’s not unusual for a household to include children and even grandchildren from prior marriages, as well as adopted family members or same-sex couples. These various family arrangements can create estate planning complications that could lead to challenges in the courts. This article examines six techniques that can reduce the chances of family squabbles and preserve wealth for heirs. A sidebar notes the importance of updating plan and policy beneficiaries, since beneficiary designations generally trump conflicting provisions of a will.
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Estate Planning Pitfall – You haven’t addressed pets in your estate plan
October / November 2016
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 288
Abstract: Pet owners in all 50 states can now make provisions for their animals through a trust. This “pet trust” allows owners to set aside funds for the animal’s care. After the pet dies, any remaining funds are distributed among one’s heirs as directed by the trust’s terms. This brief article explains how the trust works.
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Arrange your RMDs before year end
October / November 2016
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 725
Abstract: Per IRS rules, people must begin taking required minimum distributions (RMDs) from their retirement plans and IRAs beginning April 1 of the year after the year in which they turn age 70½. And they must continue taking RMDs year in and year out without fail. This article answers the questions of when to begin taking RMDs, the penalties for not taking them and why it’s best not to wait until year end to take them.
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Should your powers of attorney be springing or nonspringing?
October / November 2016
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 621
Abstract: A power of attorney (POA) is an important component of an estate plan because it provides details for making critical financial and medical decisions if a person becomes incapacitated. This article defines a POA and explains the difference between a springing and nonspringing POA.
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Gift giving made easy – Annual exclusion reduces your taxable estate
October / November 2016
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 834
Abstract: How can a person reduce the size of his or her taxable estate? There are many ways to accomplish this objective, including the use of irrevocable trusts and other sophisticated estate planning techniques. But one of the most effective methods is also the simplest: leveraging the $14,000 per person annual gift tax exclusion. This article explains the strategy and a sidebar details the benefits of year-end gift giving using the annual exclusion.