by Barry L. Gardiner | Aug 8, 2019 | Trusts
The Irrevocable Trust is an estate planning mechanism aimed at protecting assets and reducing tax liabilities. The IRS (Publication 1635) defines the Irrevocable Trust as a “trust, which, by its terms, cannot be modified, amended, or revoked.Source: How To File An...
by Barry L. Gardiner | Aug 6, 2019 | Wills
A will is a legal document by which people may designate the names of those individuals or organizations to which their assets should be distributed at death. When someone dies, a person must be appointed by a court to act as the representative of the deceased....
by Barry L. Gardiner | Aug 2, 2019 | Federal Taxation
Corporate tax planning opportunities oftentimes arise from identifying the appropriate time to recognize an item of income or expense. Deferral of income recognition to a future period or acceleration of expense deductions to a current period results in positive cash...
by Barry L. Gardiner | Jul 28, 2019 | Elder Law, Estate Planning
“Power of attorney” is one of those phrases — like “cold fusion” and “run a trace on that” — you hear somewhere, maybe an action movie, and everyone nods along, pretending they know what it means. Sure, you could probably sketch out a reasonable guess — it’s, um,...
by Barry L. Gardiner | Jul 23, 2019 | Estate Planning
Is Your Estate Plan Out Of Date? Probably (And Facebook Is Likely To Blame). Digital assets are changing the way we view and handle estate planning.Source: Is Your Estate Plan Out Of Date? Probably (And Facebook Is Likely To Blame)
by Barry L. Gardiner | Jul 18, 2019 | Estate Planning
These habits helped Paula Pant, founder of AffordAnything, and attorney Kevin Ha, founder of Financial Panther, achieve their financial goals. Find out how.Source: 5 habits that can make you rich | Haven Life
by Barry L. Gardiner | Jul 15, 2019 | Estate Planning
One of the biggest reasons to create an estate plan is to provide financial stability and support down the road for your surviving spouse, children and grandchildren.
by Barry L. Gardiner | Jul 12, 2019 | Estate Planning
While you might think you can do your retirement planning yourself, you could still benefit from working with an advisor. You might be able to learn everything, but those working with an advisor were more confident about and happier with their retirement plan. They...
by Barry L. Gardiner | Jul 8, 2019 | Trusts
A living trust, also known as a revocable trust, can be a smart addition to your end-of-life planning. Find out what it is and why you should consider one.Source: Is a revocable living trust worth it? | Haven Life
by Barry L. Gardiner | Jul 6, 2019 | Estate Planning
Collectibles like art, and antiques pose special estate planning challenges and opportunities. Here are some tips to painlessly drive this wealth needle.Source: Astute Estate Planning For Art, Antiques And Valuable Collectibles | Forbes
