Family Wealth and Estate Planning Articles
Exploring Funding Mechanisms for Long-Term Care Expenses
Posted by Robert Ingrasci on March 14, 2024
To safeguard your assets earmarked for heirs, it's crucial to have a funding plan in place for long-term care insurance and expenses.
The Hidden Tax on Social Security Benefits
Posted by D’Marie Kleeman on March 12, 2024
It is important to know the nuances of how Social Security benefits are taxed, as many people wrongly think that these benefits are completely free from federal income tax.
Marrying Estate and Family Business Succession Planning
Posted by Cheryl A. Jankowski on February 22, 2024
Ensure your family's future by properly planning the succession of your closely held business. Separate ownership and management to secure the business’s legacy. Transfer assets early to minimize estate tax liability.
The Value of a Special Needs Trust
Posted by Amanda Wojtkowski on February 15, 2024
Special needs trusts (SNTs) benefit children or other family members with disabilities that require extended-term care or that prevent them from being able to support themselves.
Preparing for the 2023 Gift Tax Return Deadline
Posted by Cheryl A. Jankowski on February 13, 2024
Individuals unsure about their filing obligations or considering the voluntary submission of a 2023 gift tax return should seek guidance.
Best Practices to Reassess your Beneficiary Designations
Posted by D’Marie Kleeman on February 01, 2024
Reassess your beneficiary designations to avoid pitfalls and make smart decisions about your estate plan.
Retirement Planning: IRAs for a Tax-Advantaged Future
Posted by Robert Ingrasci on January 23, 2024
By contributing to a traditional IRA, not only do you get to enjoy immediate tax savings, but your earnings also have the opportunity to grow tax-deferred.
The Differences Between Inter-Vivos and Testamentary Trusts
Posted by Cheryl A. Jankowski on January 11, 2024
The two main types of trusts and which is best suited to your circumstances.
Ensure Compliance with Securities Laws in your Estate Plan
Posted by Cheryl A. Jankowski on January 04, 2024
Do you have unregistered securities in your portfolio, such as restricted stocks or investments in hedge funds or private equity funds? If that's the case, it's crucial to take into account the relevant securities laws when formulating your estate plan strategies.