2024
Showing 65–80 of 147 results
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Will contests don’t happen only on TV – Take the proper steps to avoid family chaos after your death
March / April 2024
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 671
Abstract: Regardless of how harmonious a family may be during life, there’s always a chance that a disgruntled family member may challenge a loved one’s estate plan after death. This article explains the act of contesting a will.
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Revocable trusts – Don’t forget to fund the trust throughout your lifetime
March / April 2024
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 1008
Abstract: Many estate plans are built around revocable trusts (sometimes called “living trusts”). After a revocable trust is created, the trust creator must fund it by transferring assets to it. However, not all assets belong in a revocable trust. Indeed, it’s important to keep certain assets out of the trust to avoid adverse consequences. This article examines what type of assets to use (and not to use) to fund a revocable trust. A sidebar answers the question of whether life insurance should be used to fund a revocable trust.
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When does it make sense to fund gifts with retirement savings?
January / February 2024
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 344
Abstract: Under certain circumstances, funding gifts with retirement savings may provide a tax advantage. This short article talks about how making substantial gifts by the end of 2025 may enable wealthy individuals to lock in higher gift and estate tax exemptions before they expire.
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Trusts vs. LLCs – Protecting your assets from lawsuits and creditors
January / February 2024
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 576
Abstract: Two of the most effective asset protection vehicles are trusts and limited liability companies (LLCs). Which one is right depends on an individual’s circumstances and objectives. This article looks at the advantages and disadvantages of trusts and LLCs when it comes to cost, complexity, privacy and control.
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Digital assets are the 21st century estate planning challenge
January / February 2024
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 630
Abstract: If you haven’t included digital assets in your estate plan, they may not go where you want them to after you’re gone. This article suggests you conduct an inventory of digital assets, then talk to your estate planner about strategies. These might include writing an informal letter to your estate’s executor listing accounts and passwords or establishing a master password that gives your representative access to all your important accounts.
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The Section 529 plan: A versatile financial planning tool
January / February 2024
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 904
Abstract: Not only can Section 529 plans be used to save for college, but they offer some unique estate planning benefits. This article explains how contributions to 529 plans, like trusts, are considered completed gifts, so they’re removed from a contributor’s taxable estate. The article also discusses how the SECURE 2.0 Act has changed rules regarding overfunded plans. A sidebar lists options for excess 529 plan funds.
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Improving employee satisfaction to retain staff
Winter 2024
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 523
Abstract: The post-pandemic period has been a challenging one for employers. Keeping and retaining talent is easier than it was a year ago, but it can still be tough for medical practices to find and keep the best people. This article offers some strategies for improving staff morale and retaining employees over the long term.
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What’s it worth? Considerations in practice valuation
Winter 2024
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 513
Abstract: When a physician begins to consider selling a medical practice, there are many considerations, including continuity of patient care. This article points out that from a financial perspective, the physician will need to get a reasonable estimate of the practice’s value before putting it on the market. It suggests that the best way to do that is to engage a qualified valuation professional to perform a practice valuation.
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How to protect your practice from ransomware attacks
Winter 2024
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 660
Abstract: Cyberattacks are an ongoing threat for businesses and, increasingly, for medical practices as well. This article explains that hackers intent on taking over the servers of medical systems and practices typically demand a ransom before they’ll release the data under their control. The article shows how such ransomware attacks work and some ways medical practices can protect themselves.
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Rise to the challenge – Tips for solving common practice issues
Winter 2024
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 890
Abstract: Medical practices aren’t immune from recurring problems and challenges. Even concerns that are familiar and seem to have been solved in the past can rear their ugly heads again periodically. This article notes that issues of time management, such as cash flow, patient engagement and technology, must be kept front of mind to ensure a practice continues to run well. It offers some tips on these particular areas, while a sidebar suggests some social media best practices.
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Estate Planning Pitfall – You don’t file a gift tax return
February / March 2024
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 320
Abstract: Thanks to the annual gift tax exclusion, individuals can systematically reduce their taxable estates with little effort. Plus, these gifts typically don’t require having to file a gift tax return. However, in certain situations, a gift tax return may be required or recommended. This article explains making gifts using the annual gift tax exclusion and discusses the benefits of filing a gift tax return.
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Protect your estate against undue influence claims
February / March 2024
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 644
Abstract: There’s a chance a person’s will could be contested based on a claim that someone exercised “undue influence” over his or her decisions. Thus, that person’s estate planning intentions, valid or not, may be defeated. This article defines the term “undue influence” and provides strategies to protect one’s estate from an undue influence claim.
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Do your assets include unregistered securities? This asset class requires special planning
February / March 2024
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 705
Abstract: When it comes to estate planning, addressing all assets should be a priority. However, certain assets require greater attention than others. For example, if one’s assets include unregistered securities, such as restricted stock or interests in hedge funds or private equity funds, the securities law implications of various estate planning strategies must be taken into account. This article gives an overview of the securities laws and offers strategies for transferring securities as gifts or to a trust.
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It’s time to take another look at the stepped-up basis rules
February / March 2024
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 851
Abstract: Because of the generous federal gift and estate tax exemption, many families no long must worry about estate tax liability. This means that estate planning now has a stronger focus on income tax planning. And one of the most valuable tax planning areas is the “stepped-up basis” rule. This article explains capital gains rules and details the role the “stepped-up basis” rules play in an estate plan. A brief sidebar explains why lifetime gifts fall under a carryover basis rules regime.
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Will AI threaten hourly billing?
Winter 2024
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 372
Abstract: Since the launch of ChatGPT, there’s been much speculation about how artificial intelligence (AI) will revolutionize a wide range of industries. A report from Goldman Sachs estimates that AI could automate 44% of the legal profession’s current work tasks. This article looks at how this could have serious implications for law firms’ long-term billing model.
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The continuing upside of remote document review
Winter 2024
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 611
Abstract: Remote document review may join the ranks of pandemic-induced changes to the legal industry that are here to stay. And that can be a good thing — for both law firms and clients. This article discusses some of the benefits of remote document review, along with a primer on efficiency and security issues.