Wealth Planning

Many charitably inclined clients abstained from making significant outright donations to charity or creating or funding charitable remainder trusts (CRTs) during the recent economic and tax law uncertainty. They still may be reluctant to donate...

Long-term care (LTC) insurance can be an attractive investment alternative for high-net-worth individuals for two reasons: (1) It has a multi-million dollar upside if extended health care is needed, and (2) there's little or no cost if care...

Although the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 reduced the importance of estate tax planning for many, it didn't obviate the need for estate plans for non-tax reasons such as asset protection...

How do we deal with a client's diminishing capabilities? We need to encourage families to engage in important discussions about allowing an agent to determine when a client's diminished capabilities render her unable to make certain critical...

As practitioners in the world of estate planning and elder law, we're all aware that America's aging population faces countless and challenging legal issues. Beyond our normal scope of expertise, there are a plethora of issues that the elderly...

What factors impact marketability discounts in restricted stock transactions? Typically, an investor's expected holding period is the primary determinant of the size of the marketability discount. But the regulations governing restricted stock...