Estate Planning

Home| Archive by Category "Estate Planning"

13
Oct, 2015 By Mike Marion

Nevada Legislature Allows for Greater Flexibility With Irrevocable Trusts

  Click here to view the article as a PDF Written by Kristen Simmons, EPLS, AEP Learn more
13
Oct, 2015 By Mike Marion

A Guide to Trust Decanting

  Click here to view the article as a PDF Written by Peter J. Melcher, Robert S. Keebler and Steven J. Oshins Learn more
05
Oct, 2015 By Mike Marion

Information Statement Regarding Micro-captives

  Click here to view the article as a PDF Learn more
28
Sep, 2015 By Mike Marion

Business and Tax Implications of Forming a Captive Insurance Company

  Click here to view the article as a PDF Written by Gary A. Fox and Lynn M. McGuire Learn more
17
Oct, 2014 By MJM

The Inheritor’s Trust

Click here for PDF version The Inheritor’s Trust The Art of Inheriting Property Introduction Harvard Law School Professor A. James Casner illustrated the power of proper trust planning when he told Congress that “in fact, we haven’t got an estate Learn more
14
Oct, 2014 By MJM

Annual Checklist for Advanced Estate Planning

ANNUAL CHECKLIST FOR ADVANCED ESTATE PLANNING VEHICLES Click here for PDF version It is important that the proper procedures and documentation are adhered to when implementing and maintaining advanced estate planning techniques in order to ensure that the desired estate and Learn more
24
Sep, 2014 By MJM

The 8 Pitfalls of Estate Planning

The 8 Pitfalls of Estate Planning Click here for PDF version All estate plans should be reviewed in light of the following 8 estate planning pitfalls. 1. Failure to Make a Proper Will or Living Trust and Revise It Periodically Learn more
27
Aug, 2014 By MJM

Avoiding Probate

Avoiding Probate Click here for PDF version Certain well-defined rules govern the administration of an estate. These rules are designed to accomplish three goals: Conserve estate assets. Protect the rights of the estate’s creditors in the satisfaction of their claims. Learn more
08
Aug, 2014 By MJM

Generation Skipping Tax Exemption

Generation Skipping Tax Exemption Click here for PDF version $10,680,000 Estate Tax Exemption “USE IT or LOSE IT!” IMPORTANT NOTICE The continual process of change in Federal and State tax law, as well as changes in personal and financial circumstances Learn more
04
Aug, 2014 By MJM

Gift Tax Free Investment Accumulation Trust

Gift Tax Free Investment Accumulation Trust Click here for PDF version IRREVOCABLE TRUSTS FOR CHILDREN OR GRANDCHILDREN aka Investment Accumulation Trust One of the simplest ways to transfer wealth to family members is by taking advantage of the gift tax Learn more
01
Aug, 2014 By MJM

Qualified Personal Residence Trusts (QPRTs)

QUALIFIED PERSONAL RESIDENCE TRUSTS (QPRTs) Click here for PDF version A personal residence trust is a technique which enables a person to transfer his or her personal residence, including a vacation home, to younger family members at a significantly reduced Learn more
21
Jul, 2014 By MJM

Grantor Retained Annuity Trust

GRANTOR RETAINED ANNUITY TRUSTS (GRATs) Click here for PDF version A Grantor Retained Annuity Trust is a technique which enables a person to transfer property to younger family members at a significantly reduced transfer tax cost while retaining an income Learn more
19
Jul, 2014 By MJM

Family Installment Sale

Sale to a Grantor Trust (aka Family Installment Sale) Click here for PDF version Selling an asset to a “Grantor” trust is a technique which enables a person to remove future appreciation of an asset from the person’s estate on Learn more
04
Jul, 2014 By MJM

Family Limited Partnership or LLC

FAMILY LIMITED PARTNERSHIPS Click here for PDF version The family partnership is a structure for the holding of assets which enables a person to transfer property to younger family members at a significantly reduced transfer tax cost while retaining the Learn more
01
Jul, 2014 By MJM

Family Bank a.k.a Dynasty Trust

WHAT IS FAMILY BANK? Click here for PDF version The “family bank” is simply an irrevocable trust designed to create a pool of wealth that can benefit a family through multiple generations without diminution at each generational level by the Learn more
26
Jun, 2014 By MJM

Charitable Remainder Trust

CHARITABLE REMAINDER TRUSTS Click here for PDF version A Charitable Remainder Trust is an estate planning technique which enables a person to (i) obtain an immediate income tax deduction, (ii) retain annual payments for life (or for the lives of Learn more
20
Jun, 2014 By MJM

Charitable Lead Trusts

CHARITABLE LEAD TRUSTS Click here for PDF version A charitable lead trust is an estate planning technique which enables a person to transfer property to younger family members at a substantially reduced transfer cost while providing a designated amount to Learn more