Keeping It All In The Family With Family Limited Partnerships

With estate tax rates beginning at 37% and rising quickly to an effective rate of 60%, poorly planned estates can lose over half of everything they own to the government. While no tax is due on the first $600,000 of property, the remainder is taxed very heavily. And...

A Tale of Two Families and Financial Planning

Learn how knowledge and action can save millions of dollars in taxes. Equality under the law is one of the core principles of the American legal system. It’s been a revered keystone of our body of laws and taxes for over 200 years. With that in mind, it may...

The Role of Life Insurance in Estate Planning

Imagine if the IRS ran an ad that said that you could pay your estate taxes in advance at a 75% discount. Instead of paying the government two million dollars at death due in estate taxes, you could pay them $50,000 a year for the next 10 years. Should you die within...

5 Tips for Finding the Best Life Insurance Policy

Before we start, what does best mean? Is it simply the lowest premium? Not really. Here are my five tips to find the best life insurance policy: • The insurance company must be completely reliable. • The insurance itself must fit your long term financial plan. • Do...