by | | 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 | | 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 | | 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...
by | | Estate Planning, Formation
It’s August 2007 and Congress is not in session, but once they return, they have some very interesting legislation to [re]consider (the bill was originally introduced in the fall of 2006). According to analyses by Towers Perrin and the American Benefits Council,...
by | | Estate Planning, Freedom
Morningstar has posted their top 10 list of estate planning mistakes at https://news.morningstar.com/articlenet/article.aspx?id=197757… Of those, two really jump out: 1) Not Funding Your Trusts, and 2) Failing to Plan for the Care of Family Pets UNFUNDED TRUSTS...
