Jun 12, 2023 | Blog, Estate Planning
If you are philanthropically inclined, have you considered establishing a charitable remainder trust (CRT)? These irrevocable trusts provide a variety of tax and financial perks. Plus, unlike some other tax planning tools and strategies, CRTs can benefit from today’s...
May 30, 2023 | Blog, Estate Planning, International Tax
At least 12% of Americans have thought about living abroad in retirement, according to a study by the Aegon Center for Longevity and Retirement. If that is part of your retirement plan, or you are already living outside the United States, it is important to know that...
Apr 24, 2023 | Blog, Estate Planning
A charitable remainder trust (CRT) is an irrevocable trust set up to benefit a charitable organization. The trust’s term is one lifetime, several lifetimes, or a period not to exceed 20 years. Basically, you irrevocably gift an asset to the CRT, usually an asset with...
Nov 21, 2022 | Blog, Estate Planning
Many people are aware of the important reasons to develop a comprehensive estate plan. However, not everyone realizes the plan cannot be ignored after its creation. One estate-planning issue that requires your ongoing attention is beneficiary designations. The steps...
Aug 29, 2022 | Advisory, Blog, Estate Planning, Tax
As Americans live longer in retirement — often for several decades — it becomes more challenging to plan for a consistently high standard of living. In addition to maintaining retirement income, you may also want to pass on some wealth to your family. To achieve both...
Aug 8, 2022 | Accounting, Advisory, Blog, Estate Planning, Tax
The 2022 tax year is well underway, and year end will be here before you know it. Now is a good time to take proactive steps to help reduce the current year’s tax bill. Here are some federal tax-planning strategies to consider. Managing Gains and Losses in...
