“One of the most important considerations is how to structure ownership of the asset to maximize your estate and tax planning. This will depend on the laws of the country where the asset is located as well as your own citizenship. Have you thought about who will receive the asset when you die, and whether…

“In his inimitable, humorous fashion, Chris Hoyt, professor of law at the University of Missouri-Kansas City School of Law, shared some helpful strategies for making charitable gifts that save income as well as estate taxes at the 53rd Heckerling Institute conference. First, Professor Hoyt explained how donors can get tax savings from charitable gifts when…

“Perhaps you’re looking to hire a broker for the first time. Or maybe you think it’s time to change advisors. How do you pick a financial advisor whose conflicts don’t bring you to the gates of financial hell and back? The following six methods of finding an advisor are guaranteed to help you begin a…

“Everyone needs a will, but, increasingly, estate planners say people also could benefit from setting up a trust while they are alive. That step would help assure that their assets are distributed more quickly, their bills paid promptly and continuously and personal information about property and other assets be kept out of the public eye.”…

“The Securities and Exchange Commission’s advice rule proposal released earlier this week could give advisers working in the registered investment advisory channel a leg up over brokers. The SEC released a nearly 1,000-page, three-part proposal earlier this week that would establish a new best interest regulation for brokers; a new client relationship summary for brokers and…

“New year, new you … or, at least, that’s the plan. Maybe your New Year’s resolution is to watch less TV, learn a new language or exercise more, and for the next few weeks, you’re diligent about sticking to your goals. But as the year goes on, work, social engagements, family obligations and other responsibilities…

“There are two widespread errors in estate planning. One error is not to have a will or other key elements of a plan. The other error is to fail to update the will and estate plan. This article isn’t for those who still haven’t established at least a basic estate plan. But if you have an…

“How do you plan retirement for a couple who is 10, 15 or 30 years different in age? Retirement planning is personal – no two couples are alike. However, “May-December” relationships pose unique retirement planning challenges. Most married couples have a small age difference (less than three years). About five percent of first marriages and…

“Thanksgiving traditionally includes football, family, and fowl. In my opinion, it should also include estate planning. By this I do not mean deposing your parents at the dinner table about their long-term investments or interrogating Grandma about the contents of her vault. I do encourage, however, general conversations about taking care of one’s stuff(ing).  In addition…

“Every individual owns an estate, no matter how large or obscure it might be. What most young people fail to understand is that preparing an estate plan early on helps to lay a secure foundation for their family’s future. Why? Because you’re providing for them and ensuring your legacy will live on when you’re no longer around….

©2016 Marsalese

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