My financial planner friends called my attention to a curious headline in Financial Advisor Magazine: "How Student Loans Became Part of Estate Planning". The premise underlying the title: "Under the loan provisions of the One Big Beautiful Bill Act, signed...
An adult child being suddenly thrust into caring for an aging parent is a stressful enough situation, but it often pales in comparison with what can come next, an article in Financial Advisor Magazine points out. That's because after the parent dies, what started...
Last week in our Geyer Legal blog, Cara Chittenden talked about the advantages of having family conferences which not only allow younger family members meet the members of their parents' advisory team, but also allow the parents and grandparents to openly share...
A charitable giving strategy might be a new concept for many individuals, certified financial planner Jalene Hahn writes in the Indianapolis Business Journal. While Vanguard Charitable found that three quarters of American adults donate money each year to a charity,...
Nowadays, it's easy to customize everything from apparel to coffee mugs and water bottles. But, as we well know at Geyer Legal, one area that simply cannot be customized is estate planning. Every individual, every parent and grandparent with whom we meet, represents...
"High-net worth families make attractive targets for criminals," Dyezz Risk (Texas-based advisors to family offices) observes. It's not just Texas, and it's not just high-net worth individuals - charitable scams are rising worldwide (as the Australian government...
Getting more specific in your estate plan prevents family disputes and ensures your exact wishes are met, an article from the Indiana University's Office of the Vice President & General Counsel points out. "Getting more specific" means replacing broad categories...
"For decades, you've saved in tax-deferred retirement accounts, watching your balance compound untaxed. Then you turn 73, and the IRS comes calling, Jeff Judge, CFP® advises in a Kiplinger article about RMD "tax traps" to avoid. While at Geyer Legal, our attorneys...
"When a small business owner dies with an active amortized loan, the debt does not vanish. The balance remains an obligation of the business entity and a valid claim against the owner's personal guarantee and estate", the Small Business Administration website...
"Before assets reach children or charities, they most often move to a surviving spouse," Erica Ellis, J.D. reminds financial advisors."Women will control a growing share of wealth in the coming decades, driven largely by longevity, Ellis reminds readers of Financial...
