Estate Planning Under the New Tax Act: Everyone Needs a Review

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Key Thoughts on the New Tax Act

And what every advisor should be considering on behalf of every client for this year’s taxes…

10 Things Your Clients Should Do for Estate Planning

Horsesmouth Essential: Everyone avoids estate planning, so we do our clients a tremendous service by prompting them to make or update their estate plan. While it might be easier for them to put it off, doing so can result in property and financial assets passing on to unintended heirs in unintentional ways.

Estate Planning Opportunity Created by IRS Extending Portability Deadline Retroactively

Executors often don’t realize an estate tax return must be filed to claim portability. The recently issued Rev Proc 2017-34 gives a second chance for those who have failed to claim portability. Clients widowed any time after 2010 may benefit—and in cases where both spouses have died, heirs may get substantial estate taxes refunded—but only if you act before year-end.