When planning your estate, much of the focus is on the federal estate tax, which now has an exemption of nearly $14 million. While this means most Americans won't owe federal taxes, a significant ...
In a letter to French physicist Jean-Baptiste Le Roy, Ben Franklin famously wrote, “in this world nothing can be said to be certain except death and taxes,” but while taxes may be a certainty, the ...
Sure, unless you’re super wealthy, you’ll probably avoid the $13.99 million threshold for the federal estate tax, regardless of which state you die in. But some states aren’t so generous with estate ...
Private placement life insurance can reduce the hardship they create for heirs. Although the Senate Finance has recently scrutinized PPLI policies—meaning that one must take the risk-reward calculus ...