estate plan

accounting graphic

Do You Have Foreign Assets?

Proper planning is necessary to avoid unintended outcomes. You may live by the motto, “outta sight, outta mind,” but don’t apply that line of thinking when it comes to your…

Read More
power of attorney

Complete Your Estate Plan by Adding a Power of Attorney

As you create your estate plan, your main objectives likely revolve around your family, both current and future generations. Your goals may include reducing estate tax liability so that you…

Read More
A Second Marriage Requires an Estate Plan Review

A Second Marriage Requires an Estate Plan Review

Many people view a second marriage as a fresh start and a new chance at happiness. If you’re planning to take another walk down the aisle, it’s critical to take…

Read More
Easing the pain of the NIIT on your estate plan

Easing the Pain of the NIIT on your Estate Plan

The 3.8% net investment income tax (NIIT) can negatively affect your estate plan. This is especially true if your assets include an investment portfolio, because the NIIT can increase the…

Read More
Connecting your succession plan to your estate plan

Connecting Your Succession Plan to Your Estate Plan

For any business owner, contractors included, putting together a succession plan may seem like an overwhelming task. Often, among the most difficult things to conceptualize is precisely how to connect…

Read More
powers of appointment

Keep Future Options Open with Powers of Appointment

The amount of flexibility you build into your estate plan will go a long way toward how successful, ultimately, it is at carrying out your wishes after you’re gone. Using…

Read More
tax benefits tax tips

March/April 2019 Tax Tips

Exporters, does an IC-DISC still make sense? In recent years, the interest-charge domestic international sales corporation (IC-DISC) has been a popular tax-reduction tool for exporters. Without going into detail, one…

Read More