Why would somebody want to do estate planning under the American Tax Relief Act of 2012 (ATRA) if their estate was below $10,500,000? ...

Often times when irrevocable trusts are created for the benefit of husband and wife, the “reciprocal trust doctrine” may rear its ugly...

With the low current interest rate environment and the published IRS applicable federal rates (AFR), we are witnessing phenomenally low ...

The act of dying without a will is called intestacy. The distribution under the laws of intestacy will vary from the wishes of the...

For some people, professional money management is well worth the price. It saves their time and energy, and allows them to sleep nights...

A recent survey indicated that the vast majority of American’s between 55 and 75 would like to have a guaranteed lifetime income in ...

Most people look forward to living a long, healthy life, planning and investing throughout their working years with the goal in mind of...

When would you have thought that long term care insurance would be considered an investment? For high net worth individuals, utilizing ...

Believe it or not, twenty-nine states, including California, have filial responsibility laws on their books. These laws can be used to go...

As a follow up to last month’s wealth tip wherein we discussed the risks associated with needing long term care, we are now going to ...

The old adage “I am scared of getting old. I am scared of being ill,” often quoted by Ben Stein, reflects the uncertainty of the ...

Despite the economic downturn in the U.S. over the past few years, public interest in long-term care insurance is quietly and steadily ...

© 2002 Sharon McRee and Galen Griepp Most of us have given only passing thought to the subject of “long-term care.” Even when we have...

Reprinted by permission of the Los Angeles Business Journal ™ Ask anyone 60 years and older whether he or she will ever wind up in a ...

In a surprise turnaround, the IRS has recently issued proposed regulations substantially simplifying the rules for calculating required ...

The new Pension Protection Act of 2006, which was signed into law on August 17, 2006, creates new opportunities for retirement planning....

LOS ANGELES BUSINESS JOURNAL Vol. 17 No. 19 Reprinted by permission of the Los Angeles Business Journal ™ Good Retirement Planning...

Your plan is to leave your retirement benefits to your spouse upon your death, assuming she will do something with them. Her choices – ...

2010 brings a very unique advantage regarding estate planning opportunities never presented before. This opportunity deals with a ...

A recent tax court case determined that Wachovia Bank incorrectly distributed IRA proceeds from a deceased’s estate by rolling it over ...