Estate Planning
Avoid Gifting Mistakes in Financial Planning
I’ve talked before about how estate tax rules will be changing in the coming year. Currently, a taxpayer can gift $5.2 million to others tax-free. For couples, that number is…
Read MoreAre your kids fit for their inheritance?
The big pot or small pot waiting for kids when you pass on from this life to the next…are they ready for it? Most millionaire parents say they are not…
Read MoreMarried? Skirt estate-tax traps to leave more of your estate
A recent article in the Wall Street Journal gave some very useful information regarding estate tax rules and married couples. If you’re married, you’ll want to pay attention to the…
Read MoreManage your estate from the grave
Each person cares about how their wealth will affect their loved ones and the causes they care about. You may know that you can control how your wealth is spent…
Read MoreVanished Wealth (how much?)
Yes, 50% of the net worth vanished…gone. This is an extreme case but one I’m familiar with because its personal…its family. But its not too uncommon to see even one…
Read MoreWhen Trusts Hide A Lack of Trust
In the living room and offices that belong to my parents are several numbered paintings by Thomas Kinkade. He positioned himself as the “painter of light,” which really resonated with…
Read MoreViewing Retirement as the new frontier
The opportunities keep getting better with age. It used to be that workers longed for the gold Rolex watch as their career crowning achievement. In the early career days it…
Read MoreRetirement: Not to be a burden to the family
In our research and interviews with wealthy couples this is precisely their biggest concern as far as retirement goes. For the entrepreneur, there is no retirement but planning for the…
Read MoreThe Challenges of Wealth
We have just completely an incredible set of interviews for our research on the challenges of wealth. We interviewed millionaires who are among the mass-affluent or “Millionaire Next Door” as…
Read MoreCooperation among your advisors
Cooperation among all your advisors is critical to the success of making your wealth endure now and after you’re gone. This cooperation is best served by a leader you trust…
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