Tax Planning

New Law Kneecaps Stretch IRA—Here's What You Can Do About It

by Firm Staff on Oct 20, 2020

Retirement Planning, Retirement, Tax Planning

Last December, the imaginatively named Setting Every Community Up for Retirement Enhancement (SECURE) Act became law.

The SECURE Act was intended mainly to expand opportunities for individuals to increase their retirement savings and to simplify the administration of retirement plans. Fine. Good.

To Gift or Not to Gift

by Ben Simiskey on Sep 9, 2020

Estate Planning, Tax Planning
A common question we receive from clients is whether they should gift certain assets to their children or include them in their estate to pass via inheritance. The answer is nuanced and complicated and includes both quantitative and qualitative factors. One significant piece of the puzzle has to do with the tax consequences of each option.
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