Financial Services Articles
Preserve Your Happy Family With a Total Return Unitrust
Posted by D’Marie Murray on December 03, 2019
When the interests of trust beneficiaries come into conflict, everyone in the family can suffer. If your trust includes both "lifetime" and "remainder" beneficiaries, it's possible to align the interests of both groups with a total return unitrust.
Year-End Strategies to Reduce AGI
Posted by Brian Kern on October 23, 2019
Reducing your current-year adjusted gross income (AGI) is usually a tax-smart idea.
Year-End Tax Planning Moves for Small Businesses
Posted by Kerry Roets on October 17, 2019
Due to political gridlock, federal tax law hasn't changed much since the Tax Cuts and Jobs Act was enacted. Most of the provisions affecting businesses went into effect last year, so the year-end tax planning strategies that worked for 2018 may still be valid for the current tax year, but your specific tax situation might be different.
Wealth Planning Opportunity | Spousal Limited Access Trust
Posted by Cheryl A. Jankowski on May 09, 2019
Tax reform legislation doubled the federal estate, gift, and generation-skipping transfer (GST) tax exemption to $11.18MM (as indexed for inflation) per person. This created a seven-year window for increased wealth transfer planning.