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529 Plans – Saving for College is also Good for Your Estate Plan

A 529 plan is a tax-advantaged and flexible education-savings tool. In addition to generous contribution limits and tax-free withdrawals for college expenses, these plans provide unique estate planning benefits for […]

QTIP Trusts a Useful Estate Planning Tool for Second Marriages

If you’re in a second marriage, or planning another trip down the aisle, estate planning can be complicated, especially if you have children from a previous marriage and your net […]

The Tax Dangers of Providing for Employees in Your Estate Plan

If you’re an employer, you may think of your employees as family. But if you plan to provide for employees in your estate plan, watch out for unintended tax consequences. […]

Estate Plan Should Include Incapacitation Issues

Estate planning is often associated with death. But it’s just as important for your plan to address incapacity associated with illness, injury, advanced age or other circumstances. Unless you specify […]

Losses from a Wash Sale are Not Deductible.

Wash sales may look like a good way to claim a tax deduction, but looks can be deceiving. A wash sale takes place when you sell or dispose of a […]

Pension Payouts – Lump-Sum or Annuity?

Estate planning and retirement planning go hand in hand. The presumption here is that the more wealth you set aside for retirement, the more you’ll have left for your family […]

Estate Planning Critical with a Second Marriage

Estate planning for second marriages presents a higher level of complexity than merely revisiting your will and making the appropriate changes. If you’ve been married more than once, and especially […]

Second Marriage and Your Estate Plan – Keep the Kids in Mind

Estate planning for a second or subsequent marriage can be complicated, especially if you have children from a previous marriage.  Finding the right planning technique can not only circumvent family […]

Naming the Guardian of Your Minor Children

If you have minor children, perhaps the most important element of your estate plan doesn’t involve your assets. Rather, it involves naming your children’s guardian as well as a back-up […]