A mother recently told me about her son, a first-rate student who was accepted by Cornell University and by New …
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Six Ways To Hold Down College Costs
Tag Archives: Personal Finance
Winding Up A Qualified Personal Resident Trust
The Qualified Personal Residence Trust, or QPRT, became popular a couple of decades ago as a way to save gift …
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The Romney Trust: A Masterpiece
As a financial adviser, I look at a well-executed financial plan in the way an art lover looks at a painting. Mitt and Ann Romney’s 1995 Family Trust, with its reported $100 million, is my financial planning Mona Lisa.
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Estate Planning In An Uncertain Environment
A few years ago, I was working with a client, a retired executive, to update his estate plan. Like most …
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Tax Changes In 2012
As you complete your 2011 tax return checklist, you may not have considered the last step: thinking about your 2012 …
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Rising Professionals Need Financial Help Too
Life comes at you fast. The decisions you make between ages 25 and 35 will perhaps have the most significant impact on your success later in life – especially financially.
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Yours, Mine And Ours: How Spouses Share and Transfer Property
Most couples tend to overlook important consequences and planning opportunities when deciding how to take or maintain title to property.
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Understanding Investor Biases
Emotions and money each cloud judgment. Together, they create a perfect storm that threatens to wreak havoc on investors’ portfolios.
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Capital Gains Planning Strategies
Capital gains tax rates are at historic lows, but they are in the political crosshairs. It’s a good idea to take advantage of planning strategies now.
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Avoiding The Partnership Technical Termination Trap
Some families have been pleased about using partnership interests for wealth transfer during the recent market lows. Unfortunately, a few have been met with unwelcome surprises — five-figure bills penalizing the partnerships for filing late tax returns.
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