A new tax law isn’t the only reason to revisit your estate plan. The stock market and interest rate changes can alter the effects of many estate plans, often without their creators knowing the consequences. Here’s a guide to how changes in the stock market might affect your estate plan. As you know, the values […]
In last week’s edition of Retirement Watch Weekly, I detailed steps to secure your digital legacy (see Part I here). Today, we’ll return to this discussion… Bottom line: To make your estate plan complete, you’ll want to compile an inventory of all your digital accounts and assets. The inventory should include the name of the […]
Almost all of us have digital assets that should be included in our estate plans. Technology and digital assets have become major parts of most of our lives, often more than we realize. A digital asset is any account, electronic device, or portion of a website that is password-protected. That covers a lot of ground. […]
What you don’t know about retirement can hurt you. In fact, just a few wrong decisions in your investments, taxes, or estate planning could completely derail your retirement plans. Worse yet, the rules of the game keep changing, making it harder to keep up. For these reasons, I’ve assembled all the key points – everything you need to know — into one comprehensive report. Click here today for free access.
|Invest with the Winners Trading Strategy: ETFs||71.72%|
Bob Carlson gets it. He is an expert because he takes the time to learn his craft. He is a true financial guru because he has the unique ability to effectively communicate his knowledge with his readers through one of the absolute best newsletters in the country. I continuously recommend Bob Carlson’s Retirement Watch to my clients.— David P., Gilbert, AZ
I greatly enjoy your Retirement Watch newsletter. Over these many years I have gleaned several helpful estate and investing suggestions with the most recent one being in your July, 2017 edition.
My little estate is nearing the $5.5M valuation, and I read on page 2 your suggestion that such size estates may want to consider stepping up their early gifting so as to possibly avoid any estate tax law changes.
That suggestion struck a chord, and so I have just completed a $227,000 (5% of my estate) early gifting program for 27 family and friends. With my successor trustee’s approval, that represents a potential $100,000 in avoided estate taxes at the 40% rate.
God and the economy willing, I expect to recoup that gifted amount within the next 36 months, and depending upon future estate tax laws, I hope to gift another $500,000 when I reach the $6M threshold.
Thanks for the clear and concise estate and retirement information. Again, my heirs and I have greatly benefited from your vast well of knowledge.— Warren W. , San Jose, California
Bob Carlson taught me the breadth and depth of what I don’t know.
That’s why I recently renewed my subscription.— Malcolm W. B., Grahamsville, New York