Many people are concerned about the legacy that they will leave, or the imprint they will make on the world after they pass away. We often hear commentators discuss political decisions by the President or other politicians as being made to solidify or establish a particular legacy. For most people, however, the greatest legacy they […]
M E M O R A N D U M The death of a loved one is a traumatic experience. Sometimes people experience anxiety. Among other things, they feel like they should be doing something to arrange for their loved ones’ final affairs, but they do not know what to do. For that reason, we […]
The Importance of Collaboration in High-Net-Worth Estate Planning In my prior article, “Planning for Gilligan is different than planning for Thurston Howell, III” I mention the fact that for high-net-worth clients, it is very important to get all the advisors on the same page. Collaboration is critical. There are income tax issues, estate and gift […]
Many clients of Dana Whiting Law have financial advisors and CPAs that recommend 529m plans as a tax efficient strategy for saving funds for their children’s education. There is no question that 529 plans can be an important part of any parent’s overall financial plan. This purpose of this article is to highlight an alternative […]
