Planning for children
What is a grantor trust and will it help me?
When we give gifts in trust, the trusts can be irrevocable, or permanent (and not easily amended), but clients also need to…
Recent WSJ thoughts on direct gifting to grandchildren
In a recent WSJ planning article, the following question was posed: Questions: You recently wrote about estate planning and leaving a “legacy.”…
Gifting vacation and legacy properties to your children
In a recent Wall Street Journal Wealth Management interview, a patriarch of a wealthy family discussed a plan he undertook to pass a…
Financial conflict in a second marriage
In a recent WSJ Wealth Advisor article, Kimberly Weisul addressed the issue of easing financial tension in a second marriage. She interviewed a…
Traveling without the Kids? Planning for a Minor’s Medical Care in Your Absence
Since many of our clients have been traveling (sans kiddos) this summer, we’ve received this question quite a bit: What happens if…
Health and Education Exclusion Trusts (HEETs)
Do you like taxes? Do you like taxes on gifts you’d like to make to your grandchildren? Do you have an oddly…
Giving $5 Million in 26 Days
You may not have 26 days left, but there’s still time to tax advantage of the year end gifting opportunity of your…
Estate Planning for Young Professionals: 10 Things to Do Right Now
Fellow WealthCounsel member Michael Brennan, an estate planning practitioner in Illinois, Wisconsin and Minnesota, recently offered some thoughtful advice for young professionals on WealthCounsel’s free…
