Tag Archives: Estate Planning

WSJ Drops the Ball on an Opportunity to Discuss Dividend Value and Growth Investing

Every few years a major publication will come out with a story where someone who had a normal job their entire life died with a sizable estate.  This past weekend, it was WSJ’s turn to discuss such a situation.  The article, behind a paywall, is titled, “Route to an $8 Million Portfolio Started with Frugal… Continue Reading

Most People Should See a Qualified Attorney When Drafting an Estate Plan

I know Warren Buffet has said multiple times, “Never ask a barber if you need a haircut” but this estate planning attorney believes that almost everyone needs a will, and to boot, I think most people should see a qualified attorney to draft the proper documents.  The need stems from the basic premise that most… Continue Reading

4 Steps to Understanding Trust Funds for Children

Evan’s Note: While I have written about how useful trusts are for children I thought it would be interesting to hear about Trusts from someone who is from a different country. We’ve all heard the jokes about trust funds and the recipients of them. Most of the time it’s the party boy or girl, who… Continue Reading

Don’t Make this Common Terrible Special Needs Planning Mistake

I was reviewing a client’s estate plan the other day, and was shocked to see this very common special needs planning technique.   It isn’t a rare technique, and it seems very natural but is often a terrible idea.  The document provided that the child with special needs was proactively disinherited.  More often then not it… Continue Reading

A Confusing But Common Estate and Life Insurance Decision

I participate in a lot of financial and estate plans, and there is a common distribution technique I never understood.  The worst part, is that it almost always unintentional.  I think most people would would agree that a child who has lost both of his or her parents should not receive money outright, and as such, his… Continue Reading

Why Most People Should Be In Favor of the Federal Estate Tax

I think it is a very easy and popular position to be against the federal estate tax (affectionately known as the “death tax”).  The arguments against the estate tax range from the simple, “the government should death tax it is hard enough” to the bit more sophisticated, “the decedent was already taxed on all earnings… Continue Reading