Financial Advice for Retirement, Social Security, IRAs and Estate Planning

Estate Planning

Trained as a lawyer and CPA, Bob Carlson shares his original estate planning research on the pages of Retirement Watch.

Found 263 Articles.
Get access to 436 articles by subscribing to Retirement Watch and Retirement Watch Spotlight Series.

When You Should File Gift Tax Returns

January 1, 2009

Too often people neglect to file gift tax returns. A smart plan is to file a gift tax return even when not required to. In some situations that provides substantial insurance. Gifts above the annual exemption amount ($13,000 for 2009) potentially are taxable and must be reported on Form 709. The gift might not be […]

How to Multiply the Benefits of Gifts

January 1, 2009

A key estate planing tool for almost every family is more valuable as of Jan. 1, 2009. The annual gift tax exclusion is increased to $13,000, up from $12,000. Each person can make gifts of up to $13,000 annually to any other person without incurring gift taxes or counting against the lifetime annual gift credit […]

Asset Declines are a Planning Opportunity

December 1, 2008

There is at least one silver lining in today’s dark cloud – estate planning opportunities are being created. Today we have a rare opportunity to transfer wealth to younger generations while incurring very low gift and estate taxes. Falling market prices and low interest rates are a great combination for estate planners. If the price […]

a-loophole-for-529-plan-losses

A Loophole for 529 Plan Losses

December 1, 2008

Many people who saved for college through 529 savings plans face substantial losses in their accounts. There is a silver lining in the tax law, and it is one reason 529 plans are among the best ways to save for education. Income and gains earned by the 529 account are sheltered. If the account balance […]

SUBSCRIBE TO RETIREMENT WATCH SPOTLIGHT SERIES

In my new Retirement Watch Spotlight Series, I’ll share my newest breakthrough strategies for protecting your assets and growing your portfolio, including how to prepare for the next market downturn. Click here now to learn more. 

how-the-turmoil-can-alter-trusts

How the Turmoil Can Alter Trusts

November 1, 2008

The financial crisis is causing major changes in the banking business, and that will lead to changes at trust companies and in trustees. Trust creators and beneficiaries need to at least monitor the situation and might need to take action. Many trusts have a corporate trustee or co-trustee, such as a bank or trust company. […]

the-financial-crisis-and-young-investors

The Financial Crisis and Young Investors

November 1, 2008

The financial and market disruptions are affecting more people than those in or near retirement. While years from their own retirements, young investors are viewing the recent market turmoil and concluding that the financial markets are not for them. They are reducing 401(k) contributions, taking early withdrawals, and deciding it is better to spend than […]

why-most-estate-plans-fail

Why Most Estate Plans Fail

October 1, 2008

A large percentage of estate plans fail to achieve one or more of their goals, and many of them fail for a surprising reason. In past visits we discussed the ways trustees, heirs, changed circumstances, and new laws upend estate plans. What we have not discussed is the most surprising and perhaps most frequent reason […]

avoid-taxes-help-grandkids

How to Avoid Tax while Helping Grandkids

October 1, 2008

Most people are concerned about the financial futures of their grandchildren and even great-grandchildren- more so than the security of their own children. After ensuring their own retirement years are secure, many people tell survey takers the security of the third and fourth generations is their next worry. Apparently they believe their children can take […]

Log In

Forgot Password

Search