Consider these year-end tax planning strategies to potentially reduce your taxes and help you achieve your long-term financial goals.

Discover why a Spousal Lifetime Access Trust (SLAT) may be an option for married couples who do not wish to permanently give up access to their assets for estate planning purposes.

Primarily used to exclude the death benefit proceeds of life insurance from estate inclusion, this article highlights key points to consider when creating an ILIT.

Should retirees make any changes to their financial plans based on concerns of rising inflation? No, but they may want to be cautious spending in certain areas. This article highlights key points to consider.

The so-called 4% rule for determining how much to spend each year in retirement may be too conservative, in our view, for most retirees. This article outlines why we recommend a lifetime adjustable income approach instead of static spending.

The “SECURE Act 2.0” was unanimously approved by the House Ways and Means committee in early May and will move to the full House for a vote. The latest version of the bill has some changes from the original one introduced last year; this article highlights the changes.

Biden’s American Families Plan (AFP) proposes to increase capital gains taxes on estates with over $1 million in appreciated assets. If key tenets of both bills became law, high net worth estate planning could be impacted. This article looks at the highlights and potential planning implications.

When planning for retirement expenses, conventional tools project the first year of expenses and increase that amount each year with inflation throughout retirement. However, for some individuals, this could lead to overestimating retirement needs and saving more than is actually necessary. Our research suggests a more strategic and flexible way to think about spending in retirement.

There are important ages to pay attention to for retirement planning, which may open up eligibility to certain benefits, affect the maximum amount individuals can contribute to a retirement account, and determine when to make required minimum distributions. Not all milestones require action, but a general awareness of them is important.