Family Limited Partnerships Pros and Cons
A family limited partnership (FLP) can be a great estate planning tool for families looking to transfer wealth, minimize their estate tax liability, and ensure asset protection. However, like with other estate planning tools, FLPs have their advantages and disadvantages, and it’s important that you understand them before deciding whether or not one is right for you. […]
Qualified Charitable Distribution: Donate to Charity and Avoid RMD Taxes with a QCD
Qualified charitable distributions (QCDs) are a popular way for individuals with an individual retirement account (IRA) to support charitable organizations while also limiting their overall tax liability. However, like any financial giving tool, QCDs come with their own set of pros and cons and their viability depends on your unique circumstances. In this article, you’ll […]
Irrevocable Life Insurance Trust (ILIT) Benefits and Drawbacks
Irrevocable life insurance trusts (ILITs) can be a critical component of an estate plan. They’re a tool that can help you avoid having to pay estate taxes, and ensure more is left behind for your loved ones. In this article, you’ll explore the functionality of ILITs. You’ll see how they work, their benefits and drawbacks, and […]
Qualified Personal Residence Trust (QPRT): Pros and Cons
A Qualified Personal Residence Trusts (QPRT) is an estate planning tool that can provide property owners with substantial estate and gift tax savings. However, they can be complicated to set up, and have numerous rules that must be followed. In this article, you’ll be exposed to what QPRTs are, how they work, and whether or not one […]
Estate Planning for Blended Families: What is a QTIP Trust?
A Qualified Terminable Interest Property (QTIP) trust is an estate planning tool that enables a grantor (i.e. the trust’s creator) of a blended family to take care of their surviving spouse while retaining full control over the distribution of their assets, even after their surviving spouse passes away. In this article, you’ll be given a […]
Market Review – February 2023
Hot Data, Cool Markets, Good News While markets retreat, the shift in rate expectations show signs the end of rate hikes is near February 2023 Key Observations Strong economic data pushed market expectations to 0.5% more rate hikes by year end. While perhaps overdone, this speaks to the end is near on rising rates. With […]
Trusts for Grandchildren: Generation-Skipping Trusts Pros and Cons
The generation skipping-trust (GST) is a powerful estate planning tool that can help protect your wealth for generations to come. That’s because this type of irrevocable trust allows you to pass on assets to your grandchildren and other members of future generations without incurring gift or estate taxes. In this article, you’ll be exposed to […]
Market Review – January 2023
Markets Start 2023 Off with a Bang Filter out the noise and stay the course January 2023 Key Observations Broad asset classes rose higher off 2022 lows on cooling pricing pressures and the possibility of a Fed pause Equities abroad outperformed amid a declining U.S. dollar and higher than expected growth The U.S. debt ceiling […]
2023 Outlook: Goodbye TINA (There is No Alternative)
Key Observations Our capital market forecasts increased across all asset classes, most materially in fixed income given the change in yields over 2022. The three themes we see driving the market, Persistent Volatility, Moderating Inflation, and a Bear Market Bottom, will come to life over different time periods in 2023 and beyond. Year-over-year we are […]
Charitable Remainder Trust (CRT) Pros and Cons
When it comes to charitable giving, you’ll want to make the biggest impact possible. But figuring out the best way to do so isn’t always easy. That’s because there’s a variety of charitable giving vehicles that are tailored to different individual needs and goals. One of those vehicles is a charitable remainder trust (CRT). They […]