Tweet Now that couples can exclude up to $10 million ($5 million for singles) from estate taxes, most of us have no need to worry about estate planning. Right? Well, not exactly. Clients still have estate-planning needs that need to be addressed. Here are just a few that financial planners and advisors should keep on [...]
Estate Planning
Estate Planning for the Rest of Us
by Rick Tyler on December 30, 2011 · 0 comments
Estate Planning Begins with “WHY?”
by Rick Tyler on December 12, 2011 · 0 comments
Tweet The current environment requires financial advisors and planners to be well versed in a wide array of products, services, and planning techniques. This is a daunting task, but is especially difficult when seeking to explore a client’s financial needs in an area outside the advisor’s comfort zone. Take estate planning, for example. For many [...]
IRA Charitable Gifting Strategy Soon to Expire
by Rick Tyler on November 16, 2011 · 0 comments
Tweet Until the end of the year, certain taxpayers aged 70½ or older may transfer up to $100,000 from their IRA account to an eligible charitable organization. Such distributions may be counted toward their required minimum distributions, but are not reported as taxable income to the owner of the IRA. Employer-sponsored plans, such as SIMPLE [...]
Financial Planner Update – The IRS Announces Inflation Adjustments for 2012
by Rick Tyler on November 9, 2011 · 0 comments
Tweet Financial planners should take note that the IRS recently announced inflation adjustments for 2012. In addition to increasing personal exemptions, standard deductions, and widening the tax brackets for income taxes, this will also raise the estate tax applicable exclusion amount to $5,120,000 (up from $5,000,000). The annual exclusion for gifts, however, will remain unchanged [...]
