Consider a GRAT to Reduce Risk of Gift Taxes

One of the most powerful estate and gift tax strategies you can employ is temporarily freezing the value of an asset that will be worth more later with a Grantor Retained Annuity Trust (GRAT). When stocks and real estate are at a low, this can be a powerful tool, assuming you (the grantor) believe the… Read More »

Three Ways the DOMA Ruling Can Affect Financial Planning for Clients

The June 26 Supreme Court ruling that struck down the 1996 Defense of Marriage Act by a 5-4 vote not only gave same-sex couples legal recognition at the federal level, it leveled the playing field financially, too. With this decision, married gay couples living in states that recognize same-sex marriage are eligible for over 1,000… Read More »