Travers & Associates, Inc.

12/18/2018

Sometimes putting a little bit more money into a life insurance policy can increase the value so much more. Trust and Estates magazine shows us some examples of how beneficial this could be.

The real-life effects of premium funding differences.

12/13/2018

Staying up-to-date with a clients' life changes is key. Here are 8 simple estate planning review items you should be going over with your clients come the New Year.

Employ these items during your next client meeting to make sure the basics are in order.

12/06/2018

The gift and estate tax exemption amount has almost doubled to $11.18 million per person in 2018. Having clients make gifts now allows for additional appreciation to be transferred free of gift, estate and GST taxes before the amount sunsets in 2026. Here are more reasons why this should be taken advantage of now.

Don’t wait until the end of 2025 to take action.

11/27/2018

Irrevocable Trusts are supposed to be just that- irrevocable. But what happens when life situations change and you need to make a change to the trust? Just how hard would it actually be? Trusts & Estates Magazine explains:

How to break or at least bend them.

11/16/2018

The IRS announced that the 2019 Gift and Estate tax exemption is $11.4 million per person- up from 2018's $11.18 million. Now, a couple who has used up their exemption before the increase has another $440,000 of exemption value to pass on tax free.

This increase of almost half a million dollars can bring great new planning opportunities for the high net worth people who fall under this category.

11/15/2018

Now that Democrats have won the House, revisiting tax reform such as the "2017 Tax Cuts and Jobs Act" could most likely happen. This is how the flip could potentially affect your clients.

As power shifts, there could be lots of conflict ahead.

11/13/2018

Marvel Comics mastermind Stan Lee has died at age 95. The past few years of his life have been filled with lawsuits, family feuds and elder abuse allegations. Who will inherit his millions now?

https://www.cheatsheet.com/entertainment/who-will-inherit-stan-lees-fortune-inside-the-fight-over-the-marvel-creators-wealth.html/

11/01/2018

Without proper planning, insolvent estates of wealthy decedents could spell disaster for their advisors and fiduciaries.

Many executors could be traveling on a path towards derailment.

10/30/2018

Surrogate Court overrules the Tax Department’s penalty involving a Q-Tip trust established in 2010.

Surrogate Court overrules the Tax Department’s penalty involving a Q-Tip trust established in 2010.

10/16/2018

The passage of the Tax Cuts and Jobs Act provides a great way to help clients integrate philanthropic goals into their financial & estate plan. Here's how:

Nearly half of investors say they want more from their wealth advisors when it comes to philanthropic planning and guidance.