Tax credits and dependency exemptions are an important part of planning. In this first in a series of articles, adviser Michelle Petrowski Buonicontri explains the unique opportunities and impacts of the child tax credit in 2021.
What are some considerations when saving for your children’s or grandchildren’s future?Like most financial considerations, the first question to ask yourself is “what is the goal?”.
The tax implications are different depending on which asset is being passed to your heirs or your favorite charities. Attorney and CPA Jim Lange explains how to maximize your gifts within your estate plan.
Adviser Robert Klein outlines how savvy business owners planning to sell their business can reduce or eliminate income tax liability from capital gains by using a long-standing IRS-blessed strategy called a charitable remainder trust, or CRT.
When it comes to financial planning, we are at an interesting but potentially unsettling moment in history, a time when unusually low tax rates could soon balloon into extraordinary increases – and not necessarily for whom you might think.
Filing your taxes for 2020 brings a number of unique challenges, following a year filled with challenges. Watch out for these "gotchas!"
This article on risk capacity is one in a series discussing the key elements of an investment policy statement.
Investment expert Will Rhind profiles closed-end funds and their potential appeal to retirees seeking income in this fourth article of a four-part series about pass-through securities.
In this third article of a four-part series about pass-through securities, investment expert Will Rhind breaks down business development companies and their potential appeal to retirees seeking income.
Without a proper IRA beneficiary designation, surviving spouses may face significant tax bills.
Many permanent life insurance policies are based upon non-guaranteed assumptions that must be met for the policy to perform as originally expected. Periodic reviews should be a priority to provide the protection as you anticipate.
The family CFO title is symbolic, but reflects a critical role in the day-to-day leadership and management of a household’s finances.
When creating a diversified portfolio, understand your risk tolerance and risk capacity.
Financial preparation for the impact of health issues goes beyond medical insurance.
For charitably inclined individuals, adviser Danielle Harrison outlines the many strategies available to make your charitable dollars go further.