If you aspire to serving affluent clients, providing financial plans that help them budget and prepare for quarterly estimated taxes is a must. Unlike ordinary taxes, which are withdrawn automatically from wages and pensions, estimated taxes rely...
Your Magic 8 ball has a better chance of predicting the outcome of the current estate tax enigma then you do. Couple that with the uncertainty of the stock market, and you have the making of some panicky clients. While you can't predict the future...
If you're an advocate of states' the 529 college savings plan is the investment choice for you. Started by Congress in 1996 and named after the section in the IRS code that permits them, these investment programs are run by state governments and...
It is a world of harsh realities for reps. Interest rates are at historic lows; stocks, while showing signs of life, are still radioactive to many clients. Yet competition for high-net-worth investors is at an all-time high. Client referrals...
As previously discussed in this column, creating and funding a family limited partnership or limited liability company (both types are referred to herein as an ) may well result in substantial estate gift tax savings. Recent cases involving FLPs...
When President Bush first floated his tax-cut proposals, I penned a column about its implications, should the measures pass intact. Inevitably, several proposed provisions, including lifetime savings accounts, wound up on the cutting room floor...