Tag Archives: Estate Planning

Advanced Charitable Giving using Life Insurance

Advanced Charitable Giving using Life Insurance

As we get into the holiday season people start to feel charitably inclined, and yes you could just drop some coins with the unenthusiastic guy with a bell, give a $20 spot at church, or write a check…but what if there was a bigger bang for your proverbial buck?   Over the next couple weeks I will

Don’t Accidently Forgo Your Charitable Intent at Death

Don’t Accidently Forgo Your Charitable Intent at Death

Even those with strong charitable intents (religious or otherwise), actually fail to provide for the charities of their choice at death.  In essence their charitable intent is often ignored, and it is usually by mistake! I was reading a Last Will and Testament of a high net worth client the other day, and came across

Determining your Testamentary Intent and Avoiding Common Mistakes

Determining your Testamentary Intent and Avoiding Common Mistakes

I truly believe that everyone needs a will and have provided reason after reason why you need to create a Last Will and Testament ASAP.  These reasons include: Proper Distribution of Assets – Both in terms fo what you want and what is most efficient Guardianship Issues – Who is going to take care of children of

Forget the Federal Estate Tax, You May Need to Worry About State Estate Taxes!

Forget the Federal Estate Tax, You May Need to Worry About State Estate Taxes!

Almost every single day, I have to explain the Federal Estate Tax. The people I have to explain the federal estate tax to are not tax professionals, they are either financial advisors, other attorneys, or successful business owners. So, needless to say, I better explain estate taxes from 30,000 feet above. The details do not