Tax Planning for College Education
Question: What is the most tax efficient way for me to put away a large sum for my grandchildren’s college education?
Revisiting Qualified Charitable Distributions After Secure Act
Question: Can I still make qualified charitable distributions from my IRA after the recent legislative changes?
Utilizing the Potentially Disappearing 2021 Estate Tax Exemption
Question: Given the possibility that the Federal estate tax exemption will decrease, should I make gifts now before the law changes?
Protecting Business Assets From Creditors Without Undue Tax Costs
Question: My company sponsors a 401(k) plan to which many of our highly paid employees are unable to contribute as much as they would like. What alternatives are available to avoid or minimize this problem?
Overcoming 401(k) Plan Nondiscrimination Rules
Question: My company sponsors a 401(k) plan to which many of our highly paid employees are unable to contribute as much as they would like. What alternatives are available to avoid or minimize this problem?
Spousal Rollovers of Retirement Assets Upon Death
Question: My husband died leaving me as the sole beneficiary of his individual retirement account. Should I roll over these funds to my own IRA to defer income taxes?
Purchasing Life Insurance Through Premium Financing
Question: I want to purchase life insurance but do not want to liquidate my personal portfolio of securities to pay the premiums. Any suggestions for how I can accomplish this?
Defined Benefit Plans For Directors and Self-Employed Individuals
Question: I am a retired executive of a public company and received significant fees during 2020 from serving as a member of the board of directors of other companies. Is it too late to establish a qualified retirement plan to offset my income and, if so, what type of plan should I establish?
Tax and Other Considerations for Home Loans to Children
Question: My spouse and I recently loaned our daughter and her husband the full amount needed to purchase a home. None of this was documented. Is there anything we should be doing?
Year-End Planning with Tax Law Changes on Horizon
Question: With the 2020 calendar year coming to a close, can you provide some suggestions for tax planning moves to make before year-end?