Trusts and Estates

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Higher Estate Taxes: Bad Idea

Submitted by Phillip Shrotman on Friday, February 27, 2015 - 9:00am

Boosting the tax on inherited wealth is a perennial goal of some politicians. And while the White House’s latest plan to boost the levy on estates faces a dim future in a GOP-controlled Congress, the concept will continue to pop up. There’s a lot wrong with this idea.

Bequeathing Your Retirement $

Submitted by Joseph A. Clark on Monday, February 2, 2015 - 12:00pm

Families inherit money and sometimes make the right moves investing and spending. Inheritances can also ignite disruption, divorce and a host of bad behavior far from the hopes and plans of the benefactor. What happens when you leave what’s probably one of your biggest investments: your individual retirement plan?

Leaving a Legacy of Wisdom

Submitted by Josh Patrick on Thursday, January 15, 2015 - 3:00pm

Too often in the world of wealth management, estate planning is about splitting up the money after people are gone. I think this is too bad. For me, leaving a legacy of wisdom and love is more important than leaving money.

Estate Plan: Roth Conversion?

Submitted by Stephen P. Giulietti on Monday, December 8, 2014 - 12:00pm

Your individual retirement account can constitute one of the richest assets you can leave to heirs. In some circumstances, your heirs benefit if you convert your traditional IRA to a Roth before your death. Whether to convert depends on many of your needs and circumstances.

Big Estates’ Tax Plans (Pt. 2)

Submitted by Benjamin Sullivan on Friday, December 26, 2014 - 12:00pm

Our first article looked at several new aspects of tax planning for large estates, including recent rules changes, portability and trusts, among other tools. Here are additional strategies that allow big estates to reduce taxes while gifting to heirs and charity.

Planning: It Takes Two

Submitted by Hilary Hendershott on Wednesday, December 17, 2014 - 12:00pm

When taking on a partnered client, it takes two. I always want to meet with both parts of the couple. Sometimes, I am often disappointed to find women don’t want to play an active role in money matters. Planning investment strategies and long-term finances takes active input from both wife and husband.