If you want to protect your assets from creditors, predators, and estate taxes (and possibly an ex-spouse!), Wealthy and Wise with Gideon Rothschild is the blog to read. Attorney Gideon Rothschild is an estate planner with more than 30 years of experience advising clients—now you can follow his posts as he takes you through many of the effective strategies that can protect your hard-earned wealth for generations to come. And with the new tax law upon us, read Wealthy and Wise with Gideon Rothschild for “legal loopholes” to maximize your estate now and in the future.
You can completely avoid state income tax on a trust’s income based on guidelines from a recent US Supreme Court ruling. Here’s how.
Here’s what you should and shouldn’t do to provide money for the care of your pet after you die.
As many readers are aware, IRAs can offer many benefits including the ability to defer taxes on the money placed…
Defaulting to the easiest or most obvious choice for your executor or trustee can have bad consequences—for your estate and your family.
There’s a legal technique for giving away, and then receiving back, appreciated assets that wipes out your capital gain exposure. But know the danger, too.
Being trustee of a life insurance trust is not just an honorary title—you really do have some key responsibilities that you must perform.
