As Benjamin Franklin once said, there are few certainties in life other than death and taxes.
In this issue of our quarterly newsletter, we explore six tax tips that challenge conventional thinking and might benefit you and your family.
Tax planning is never a one-size-fits-all venture, but even if you find one of these tips helpful, it could translate into savings of $1 million or more for you and your family in the long run. And just like taxes, we all know that dying is an inevitable part of life. We have recently connected with a wonderful woman whose passion centers on sometimes fostering difficult conversations connected with death and dying. As estate planners, we are constantly reminded of the frailty of human existence. We often find that our clients lack the emotional vocabulary needed to process the loss of a loved one effectively or sometimes even have more difficulty handling the slow decline that comes with illness and age. Look inside for some tips that might help your personal balance sheet and your spiritual balance in dealing with these two unpleasant but necessary parts of life.