Sentences with phrase «effective estate»

The first step to creating a solid, effective estate plan is writing a last will.

Apparently, despite being a happy owner and careful steward of the property, Palumbo is alleged to have sold Farnsworth House in 2003 in part to settle allegations by some of his children that he was dissipating their inheritance, allegations that apparently have recently re-surfaced in a different context (thus, our next law - related component: minimize intergenerational family disputes through effective estate planning).

In addition, consistent with Stefanie's belief that the most effective estate planning begins early, Stefanie has developed an estate planning program designed specifically to meet the planning needs of young families as they encounter common life events.

The Department for Education has released a guide on good and cost - effective estates management.

Your Income needs will probably change during retirement so we've ensured our pension offers the options you may require, from the flexibility of a drawdown pension in the early stages of retirement, to effective estate planning later.

Selwyn D. Whitehead Esq. [JD, LLM Tax Law, LLM IP Law, California Bar Bankruptcy Law Certified Specialist] is a San Francisco Bay Area bankruptcy and tax attorney whose practice focuses on helping her clients manage their wealth through effective estate and tax planning and / or manage their debt through debt restructuring or bankruptcy.

Roth accounts can also be effective estate - planning vehicles when leaving money to others.

ATRA sets a $ 5 million effective estate and gift tax exemption (indexed for inflation from 2011) and a top estate tax rate of 40 percent.

Maybe that means cash value life insurance to help protect your family's financial security and as an effective estate planning tool.

Our most cost - effective estate planning and drafting system, Essential Estate Planning is designed for managing the needs of clients of modest wealth.

It is often an effective estate planning tool but must be used with caution to avoid unexpected tax implications.

Survivorship policies can be an effective estate planning tool, but may not eliminate the need for individual coverage.

Without an effective estate plan, including a business succession plan, the business may have to close or be liquidated to pay estate taxes.

It can also work as an effective estate planning tool that allows you to remove the premium from your taxable estate or to have the policy owned by your adult children, thus also allowing the death benefit to be removed from your estate.

The bottom line is that survivorship policies might indeed be an effective estate - planning tool, but might not be enough for all couples who feel they need to add individual coverage for the second - to - die or surviving policyholder.

When you craft an effective Estate Plan, you can ensure that your family has financial stability and independence.