Gifting and Your Estate Plan
Gifting sounds pretty simple, but there are many ways to do it. There are also several tax ramifications to be aware of.
Ethan Huizenga
December 3, 2020
Why Estate Plans Should Protect Digital Assets
Do you have accounts, records or information that are accessed using your mobile phone, through an internet connection, or by using a keyboard or through a touch-screen or tablet?
Ethan Huizenga
December 1, 2020
3 Ways to ‘Stretch’ Out IRA Distributions
The SECURE Act killed the stretch IRA but instead of mourning, advisors can help clients make up the loss.
Ethan Huizenga
November 30, 2020
Plan before Your Parents Move in
Moving elderly parents into your home can bring daunting challenges and unexpected closeness. Over the past 20 years, parents living with their adult children has become increasingly common.
Ethan Huizenga
November 27, 2020
Who Needs a Special Needs Trust?
If you are the parent of a person with special needs, you are well aware that the role you play is very different than it may be for other children. Properly planning to meet their financial needs, both in the immediate and long term, is a critical part of supporting your child. This support must often continue well past the typical age of adulthood, which means parents need to put in place financial tools to care for their children, in the event of the parents’ death.
Ethan Huizenga
November 25, 2020
The Biggest Mistake in Trusts: Funding
Your real estate holdings, life insurance, bank accounts and retirement savings won’t magically flow into your trust.
Ethan Huizenga
November 24, 2020
This Form of Work Increases Risk of Dementia
The muscles and joints are not the only parts of the body to be worn down by physical work. The brain and heart suffer too. A new study from the University of Copenhagen shows that people doing hard physical work have a 55% higher risk of developing dementia than those doing sedentary work. The figures have been adjusted for lifestyle factors and lifetime, among other things.
Ethan Huizenga
November 24, 2020
What are the Responsibilities of a Trustee?
A trustee is a manager of assets in a trust. The grantor creates the trust and appoints the trustee. A trustee has a ‘fiduciary duty’ to serve the grantor and not benefit personally.
Ethan Huizenga
November 23, 2020
5 Immediate Steps After a Loved One Dies
When dealing with the emotional pain of the loss of a loved one, family members also have to address daunting administrative tasks.
Ethan Huizenga
November 21, 2020
Changes to Social Security in 2021
Here’s a closer look at the seven biggest changes to Social Security in 2021
Ethan Huizenga
November 20, 2020
