IEP
Showing 129–144 of 384 results
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Estate Planning Pitfall – You’re not paying enough attention to state estate tax laws
August / September 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 266
Abstract: The Tax Cuts and Jobs Act provides greater flexibility in estate planning for many taxpayers. So, no more estate tax worries for most people, right? Not so fast. For residents of some states, state estate or inheritance taxes can still present a significant problem. This brief article examines state estate taxes.
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Should a tax apportionment clause be in your estate plan?
August / September 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 558
Abstract: Even though the Tax Cuts and Jobs Act doubled the gift and estate tax exemption to $10 million beginning this year, there are many families that still have to contend with significant federal estate tax liability. Plus, there may be state estate taxes that must be taken into account. If individuals find themselves in this situation, it’s important that they consider a tax apportionment clause in their wills or revocable trusts. This article details how a tax apportionment clause works.
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Understanding the contents of a will
August / September 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 929
Abstract: No estate plan is complete without a will. But what provisions should be included in it? This article explores the basic provisions of a will and how it should address estate taxes and specific bequests. A sidebar discusses the importance of including a “common disaster” clause in a will.
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Charitable giving in a post-TCJA world – What you need to know in the wake of the new tax law
August / September 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 824
Abstract: The Tax Cuts and Jobs Act (TCJA) will have a significant impact on estate planning and related aspects, such as charitable giving. Even though the TCJA reduces tax incentives for making charitable donations for some people, it encourages contributions for others. This article explains how the TCJA affects charitable giving.
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Estate Planning Pitfall – You’re not taking advantage of your lifetime gift tax exemption
June / July 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 294
Abstract: Given the substantially increased combined gift and estate tax exemption amount established by the Tax Cuts and Jobs Act, now is the time to re-examine lifetime gift-giving strategies. This brief article explains why making lifetime gifts is less likely to result in estate tax liability.
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Picking up stakes – Understand the tax and estate planning implications of moving abroad
June / July 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 701
Abstract: There are many good reasons to move abroad, such as retirement or to begin a new career. But before finalizing plans, a thorough review of financial and estate plans is in order. This article answers key estate planning questions to consider before moving to another country.
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Buy-sell agreements – When a smart business decision also makes estate planning sense
June / July 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 580
Abstract: If a person owns a business with one or more individuals, drafting a buy-sell agreement is smart estate planning, as the business interests likely represent a substantial part of his or her estate. This article explores the benefits of a buy-sell agreement.
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Tax Cuts and Jobs Act supercharges exemption portability
June / July 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 874
Abstract: Somewhat lost in the clamor of the tax changes enacted by the Tax Cuts and Jobs Act is the fact that the new law preserves the “portability” provision for married couples. Portability allows an estate to elect to permit the surviving spouse to use any of the deceased spouse’s available estate tax exemption that is unused at his or her death. This article details why the increased gift and estate tax exemption amount makes portability a more powerful technique. A sidebar notes how the generation-skipping transfer tax exemption is treated under the new law.
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Estate Planning Pitfall – You haven’t transferred ownership of a life insurance policy to a trust
April / May 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 278
Abstract: After recent tax legislation, including the Tax Cuts and Jobs Act, few tax shelters are left standing. One key exception is life insurance. This brief article details that, if certain requirements are met, the buildup of value in a life insurance policy is exempt from current income tax, while proceeds payable upon death can avoid estate tax.
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Preparing a parent for a nursing home
April / May 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 667
Abstract: If an elderly parent or other relative who lives alone is experiencing difficulty with daily living activities, it may be time to make the difficult decision to move him or her to a nursing home. This article examines the benefits of advance planning when a family must come together to discuss a potential move. A sidebar details the costs of a nursing home.
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Are your assets protected from creditors?
April / May 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: One of the primary objectives of estate planning is protecting assets from unreasonable creditors’ claims, frivolous lawsuits or financial predators ― the reason being to pass as much wealth to family members as possible. This article explores several basic yet effective tools to protect hard-earned wealth.
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Estate planning for your business – Use an ESOP to properly address your closely held company
April / May 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 810
Abstract: Employee stock ownership plans (ESOPs) offer closely held business owners an exit strategy and a tax-efficient technique for sharing equity with employees. An ESOP can also be a powerful estate and retirement planning tool. This article explains how ESOPs can help business owners address several planning challenges.
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Estate Planning Pitfall – You haven’t planned for long-term care
February / March 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 263
Abstract: The current costs of long-term care would give anyone pause. If one doesn’t properly plan for these costs, an entire life’s fortune can be wiped out in a relatively short period of time. This brief article details planning tips for long-term care expenses.
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All in the family – Transferring your vacation home
February / March 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 580
Abstract: Vacation homes are typically treasured by families and often pass down from generation to generation. But there may be more to transferring the family lake cottage or beach house than first meets the eye. If one plunges ahead without careful planning, it could disrupt harmony and lead to a “family feud.” In some cases, relationships may be severed forever. This article details how to properly account for a vacation home in an estate plan.
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New tax law affects estate planning strategies
February / March 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 765
Abstract: The Tax Cuts and Jobs Act (TCJA), which generally went into effect at the beginning of 2018, lowers individual and corporate tax rates, reduces or eliminates many deductions and enhances other tax breaks. One thing the new law doesn’t do is repeal the federal estate tax. This article explores other TCJA provisions that can impact estate planning.
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Sudden impact: When a spouse unexpectedly dies
February / March 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 877
Abstract: It’s almost impossible to fully prepare for a spouse’s sudden death, but it helps to keep one’s finances organized and communicate with a spouse about these matters. This article offers points to address in the event a spouse dies unexpectedly. A sidebar explains why it may be a good idea to file a return to establish the value of inherited assets.