May 15, 2015

Tax Free IRA

For years, I have been telling people a little known secret of IRA’s.  There is a way you can pass the benefit of your IRA to your heirs tax free.  Recently Bob Carlson in his newsletter recently discussed the strategy.  It combines an IRA with a Donor Advised Fund.  He quotes […]
October 27, 2014
Estate Planning & Asset Protection

Estate Planning & Asset Protection

Estate Planning and Asset Protection. Often, when we plan our estate, we also protect our assets.  On one level, estate planning embodies asset protection.  We plan an estate to protect it from excess taxes, probate, litigation, and administrative difficulties.  We want it to pass to the intended parties with a […]
October 20, 2014
Do It yourself Estate Planning

Do It Yourself Estate Planning

Do It Yourself Estate Planning. There is a time and place for do it yourself estate planning.  DIY documents are particularly well suited for the young, those just starting out, those with little to lose, and those that are going to stay that way.  For example, a DIY business entity […]
September 29, 2014
Preventing LItigation

Preventing Litigation

Preventing Litigation Protecting assets requires us to assess what we are trying to protect the assets from.  Some risks are greater than others, both in their likelihood and in their capacity for damage.  In my experience, the single most destructive risk any family faces in protecting their assets is inter-family […]