Monday, May 17, 2021

Estate Planning

Advisor Helps Clients Get Ahead of President Biden’s Proposed Tax Hikes

Tax-loss harvesting, accelerating capital gains and conversations with estate planners are on his list.

Estate Planning for the LGBTQIA+ Community

Ensuring values and wishes are fully honored takes extra steps. (By Deborah Danger)

Are Your Clients and their Healthcare Agents on the Same Page?

Help them identify and reduce conflict now, before a true emergency. (By John Comer)

When Unmarried Older Couples Buy a Home

Help your client find the right threshold of protection. (By Amanda Shuman)

Preparing Non-Moneyed Heirs for a Seven-Figure Windfall

Even the disciplined savers need advice — and taxes may not be the chief concern. (By DJ Hunt)

How to Help Procrastinating Clients Organize Vital Estate Documents

Their heirs will be forever grateful that you spared them from endless searches for wills, passwords and other records. (By Deborah Danger)

No One Wants to Have to Ask Their Children for Money

This could motivate an older spouse to finally join the wealth conversation.

A 529 Plan Curveball

When a plan owner becomes incapacitated, transferring the account is not automatic or easy, an advisor learns. (By Beth V. Walker)

When Conservatorship Goes Terribly Wrong

My family's troubling experience with the man appointed to manage my mother's life.

How Unequal Inheritances Can Tear Siblings Apart

Advisors can play a critical role in keeping legacy and love intact. (By Deborah Danger)

Latest News

Boomers Would Rather Have More Money Than More Free Time, Finds Survey

Nearly one-quarter of boomers say they’d use free time to develop a skill or turn a hobby into a side hustle. (By Ravi Kumar)

Gerontologist Says More People Need Advisors Involved in Long-Term-Care Decisions

Start long-term-care conversations early so you’re not scrambling to help clients raise cash. (by Molly Prues)

Going Back to School Won’t Lead to a Better Job for the Pickleball Crowd

Clients in their 50s may fair better with a side hustle instead of another diploma. (By Beth V. Walker)

Generate ‘Relationship Alpha’ By Teaming with Your Clients’ Tax Professionals

Six strategies for advisors to add value during and well beyond tax-filing season. (By Leslie Geller)