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December 2015 Archives

Should estate planning be a New Year's resolution?

Just because Christmas is over, the holiday season is still going strong. This means that many families are getting ready to ring in the New Year. This time of celebration is supposed to be a happy time and an opportunity to make resolutions for the year to come.

How to manage estate planning discussions during the holiday

When people get together for Christmas, it is a time for celebration, gift giving and reminiscing about times past. For most people, it is a time to look forward to because it does not happen very often and at their age, there may not be very many others in their futures.

Important non-tax benefits of estate planning

The focus for many people at the end of the year is on the holiday. After all, it is a time to take time away from work and enjoy the company of family. For others, it is a time to maximize opportunities to reduce one’s tax burden in anticipation of the New Year. While tax planning is important when it comes to creating and revising one’s estate plan, it is important to not lose sight of non-tax benefits of estate planning.

Year end estate planning strategies that can be tax friendly

Now that the holiday season is here, it is easy to lose sight of the fact that 2016 is merely a few weeks away. Combine this with the stress of planning holiday vacation time, completing year-end paperwork and disclosures for your business and finding time to attend school programs, and it is easy to forget that estate planning involves tax planning as well.

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