Retirement Watch Weekly
Supreme Court Shuts Down a State Scheme to Tax Out-of-State Trusts
States have been aggressively trying to expand their tax bases, and their efforts aren’t always successful. The U.S. Supreme Court recently shut down an attempt by North Carolina, which other states have fully or partially replicated, to impose income taxes on what are essentially out-of-state trusts. In the case, the trustee resided in Connecticut, the […]
Digital Estate Planning: How to Organize and Protect Your Digital Assets and Transactions
Your estate plan is incomplete if it doesn’t have arrangements for your digital life, including accounts, files, trans-actions and more. Technology is taking a greater role in our lives, even for those who consider themselves Luddites. It took a while, but estate law finally is just about caught up to technology, and it’s essential to […]
Do Retirees Own Too Much Stock?
In my new Retirement Watch Spotlight Series, I’ll share my newest breakthrough strategies for protecting your assets and growing your portfolio, including how to prepare for the next market downturn. Click here now to learn more. […]
Bob’s Journal for 9/12
Over the last seven days, I’ve seen several reports and developments that you should know about. August was a great month for long-term treasury bond investors. In fact, it ranks among the best ever, as I reported a couple of weeks ago. Things changed quickly last Thursday, Sept. 5. Interest rates increased sharply, and the […]
Estate Planning Checklist – 10 Simple Ways to Protect Your Assets, Part II
Here’s Part II of my retirement Asset Protection Plan. To review Part I, click here. 6. Create trusts. Irrevocable trusts usually protect assets from creditors of either the grantor or the beneficiaries of the trust. They also ensure that the assets are out of your estate for tax purposes. A good asset protection trust should […]
Bob’s Journal for 9/5
Even with the Labor Day break, there were many interesting developments in the markets and economy over the last week. I told you last week about the strong bull market in U.S. Treasury bonds in 2019 and especially in August 2019. But not all bond investors are participating fully. The three biggest names in bond […]
Estate Planning – 10-Step Asset Protection Plan and Checklist Part I
Taxes, the IRS, attorneys, and estate processing costs are not the only enemies of your wealth. More and more people are concerned about creditors, especially those created by lawsuits. With the estate tax not a concern for most, insurance coverage being reduced, and law suits increasing, many people are more concerned with this potential leak […]
Some Things That Grabbed My Attention This Week
We’re supposed to be in the quiet days of August, but there were several important developments in the last seven days. U.S. Treasury bonds, especially long-term bonds, have had a banner year and a great month. We’re benefitting from our investment in Wasatch Hoisington U.S. Treasury (WHOSX). There are a lot of ways to measure […]
