Gifting interests in a closely held business can be an effective estate planning technique. It can save on estate taxes and reward family members for their hard work in running the family business while transitioning ownership to the younger generation. Recently, I worked with a couple who owned a small family business. They were considering
Retirement
Sen. Bernie Sanders outlines a plan too eliminate $81 billion in past-due medical debt. Getty Eight million Americans file for bankruptcy annually due to medical expenses. Sen. Bernie Sanders (I-VT) wants to put an end to it. The idea, outlined by his campaign, centers around having the federal government “negotiate and pay off past-due medical
Don’t close your eyes to planning. Waiting to do estate planning until after the 2020 election could be a mistake. Getty Waiting to See What Happens in 2020 May be Unwise No one can predict the 2020 election but if the Democrats sweep seems pretty likely harsh estate tax, and perhaps wealth tax, legislation will
Many life threatening falls are preventable by easy steps from seniors and Congress, the Senate Aging Committee was told Wednesday. Falls, the leading cause of fatal and non-fatal injuries for older Americans, are expected to double in cost to $100 billion by 2030 as Baby Boomers age. About 75 percent of the bills are paid
Getty In this “one-size-fits-all” world, the lords of investing wisdom praise the almighty index fund – the greatest “set-it-and-forget-it” of them all. Yet, in doing so, are they inadvertently wearing blinders to the goals and objectives of real people? After all, no one wants “Here Lies John Doe – He Beat the S&P 500” on