by Jmartin | May 12, 2016 | Estate Planning, Financial Planning, Freedom, Industry News
After hearing the tragedy of Prince’s death on April 21st, it has recently been discovered that he also died with no Will… Organize your estate before it’s too late Using Prince as an example, we wanted to take a moment to touch on why you...
by Jmartin | Aug 11, 2008 | Estate Planning, Freedom
Excerpted from http://biz.yahoo.com/prnews/080611/clw030.html?.v=101 According to a study sponsored by U.S. Trust, owners of ultra-high-net-worth (UHNW) family businesses remain exposed to business succession, asset protection and estate planning issues. “Owners...
by Jmartin | Feb 6, 2008 | Estate Planning
Although distributions from a Roth 401(k) or Roth 403(b) account have always been eligible for rollover into a Roth IRA (in two steps–by first rolling the distribution over into a traditional IRA, and then converting the traditional IRA to a Roth IRA), the...
by Jmartin | Dec 5, 2007 | Estate Planning, Freedom
When a decedent dies owning stock in a closely held corporation or partnership, the valuation of those shares is a perennial problem precisely because they are closely-held (i.e., there’s no ready market for the ownership interests). Since estate tax is ad...
by Jmartin | Nov 14, 2007 | Estate Planning, Freedom
Real estate is an integral part of many savers’ retirement portfolios, even when not part of a qualified plan (IRA, 401(k), etc.). With the recent downturn in the real estate market (I am referring primarily to residential real estate), foreclosures have become...
by Jmartin | Sep 4, 2007 | Estate Planning, Freedom
The Pension Protection Act of 2006 (signed into law in August 2006) changed the documentation rules for non-cash charitable contributions. The knee-jerk reaction is to focus on these new rules as merely requiring more receipts when we donate household items to a local...
