Even some Republicans may find it hard to fight the generous benefits Democrats are handing out.
What services you need — and what to watch out for
Consider tax-advantaged investments and other ways to make your portfolio more tax efficient.
‘He wants to leave the house to his children, but says if I outlive him I can live in it or rent somewhere if I wish to move.’
‘My husband is more interested in dipping deep into our savings, and living it up in retirement while we are young enough to enjoy it.’
It’s a big get for Strategic Wealth Services, which LPL launched last year with the goal of recruiting more wirehouse breakaways.
There are two proposals to alter the way taxes are imposed on estates at death you'll want to know about: the estate tax exemption and the stepped-up basis rules.
"My will gives my wife my house. When she sells after my death, how will her cost basis be determined?"
It gives you a voice when you no longer can express what you want
The Barron’s Hall of Fame advisor explains how she’s hardening client portfolios against rising inflation and interest rates. And she shares her plans for retirement she hopes will happen late in life.
The medium allows advisors to make a personal statement and deliver education directly to consumers.
The share of people making one particular tax-planning move soared last year.
‘I would like to be able to help them financially and be their safety net, but my means are limited.’
Passing on property depends on how the property is titled
Having a casket and funeral in your living room is legal in all 50 states. It can be a way for families to grieve together in familiar surroundings.
A will or trust allows you to recognize the important people in your life and can preserve family harmony
‘We’ve been honest sounding boards during money fights, and we’ve offered to take savings/debt classes, but old habits die hard.’
‘My father says he feels very guilty about the entire situation.’
What to watch out for
Tobias Financial Advisors' Marianela Collado shares tips on how to work within the system to manage and limit the IRS's claim on your earnings.
Clear instructions and a way to ease your estate’s transfer lighten heirs’ burden