Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Tax Planning Advice: Give Multiple Ways With a Charitable Lead Annuity—Benjamin Ledyard
By Michael S. FischerClients can fulfill wishes to give to heirs as well as charities with a Charitable Lead Annuity Trust (CLAT).
March 10, 2011
Tax Planning Advice: Create an Efficient Process for Clients—Andrew RiceHelping clients create an efficient process for gathering tax papers can result in better, more effective tax planning all around. No more shoeboxes.
March 09, 2011
Distracted advisor tip: Empty your mind in 7 stepsAdvisors who are distracted with a mind full of to-dos don't realize that they are filling up their mind's "working memory." To keep my working memory clear I use the "empty your mind" process.
March 09, 2011
S. 23: Patent Bill Includes Tax, Business Methods ProvisionsMembers of the Senate have voted 95-5 to pass S. 23, the America Invents Act bill - a measure that could affect insurers' and planners' ability to patent business methods and tax management strategies.
March 09, 2011
Tax Planning Advice: Leverage the Estate Tax Exemption—Gavin MorrisseyStart giving away assets in the window of opportunity the 2010 Tax Act created, says Gavin Morrissey. A GRAT would also be a good idea.
March 09, 2011
Tax Planning Advice: When Bypass Trusts Still Make Sense--Gavin MorrisseyDespite the new federal estate tax's portability, there are instances where a bypass trust is still helpful to some clients, especially those who face state estate tax liabilities.
March 09, 2011
Tax Planning Advice: Leverage the ExemptionStart giving away assets in the window of opportunity the Tax Act created, says Gavin Morrissey
March 09, 2011
Tax Planning Advice: Avoid Inaccurate Formula Clauses—Martin ShenkmanShenkman says that using inaccurate formula clauses in legal documents can be quite taxing.