From the category archives:

Estate Planning

Ten Reasons for Estate Planning

November 14, 2016

This month, we interviewed Mariela D’Alessio, an estate planning attorney out of Towson, Maryland. Mariela discusses the “Ten Reasons for Estate Planning.” We find that estate planning is often an overlooked part of the financial planning process, and that is unfortunate. It is a critical component to a plan as it affects loved ones, your [...]

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How Long Should You Keep Your Financial Documents?

August 6, 2013

If you are like many people, you have folders and folders of old bank and brokerage statements, tax documents, insurance documents, etc. I often get asked how long people should hold onto these documents. The attached webinar explains how long you should keep various documents. Kirk Kinder, CFP® is the Founder of Picket Fence Financial, [...]

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Common Estate Planning Mistakes

September 15, 2012

In a recent podcast, which can be found here, Dax Nelson, J.D. LL.M, discusses the five most common estate planning mistakes he sees people make. Among the routine errors, misunderstanding the asset protection provided by revocable trust is the most common. Other errors are choosing the wrong people to administer your estate, not updating your [...]

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Encouraging News on Estate Tax

December 6, 2010

I am starting to feel a bit better about the estate tax. It appears that the government is actually serious about putting a new law in place. If nothing is done, the estate tax reverts back to the 2001 law as part of the Bush tax cut sunset provisions. This means that every person gets [...]

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So What’s Up with the Estate Tax

September 20, 2010

The Wall Street Journal has some great articles today regarding the estate tax. In case you don’t know, the estate tax is set to go back to the 2001 levels on January 1, 2011 as the Bush tax cuts sunset. This means that all estates greater than (cue Dr. Evil) $1Million dollars will be taxed [...]

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Less Than 24 Hours For a Steinbrenner Estate Tax Article

July 13, 2010

The world is mourning the passing of George Steinbrenner, who changed the world of sports ownership. Love him or hate him, he had a huge impact on sports and made one of the best investments ever when he purchased the New York Yankees in 1973 for an estimated $8.7 million. It is worth an estimate [...]

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