Zinner & Co. Blog and Newsroom

4 Things to Consider Before Gifting Your House to Your Child

Posted by Zinner & Co. on Oct 23, 2019 5:04:21 AM

One nearly universal element of the American Dream is the desire for your children to have more and do better than you. Many parents consider the legacy they will leave for their children as a part of their financial goal.

Read More

Topics: real estate, gift tax, Estates, Gifts & Trusts

11 Items to Include on Your “Love Letter” / "Letter of Instruction"

Posted by Zinner & Co. on Oct 22, 2019 5:23:00 AM

An important piece of an estate plan (as well as good organization of your paperwork) is to put together a “Love Letter”, also sometimes referred to a “Letter of Instruction”. We have written about them in the past, but in case you are not familiar, a Love Letter is a document that lists important information for your heirs in the event that something should happen to you.

Read More

Topics: Estates, Gifts & Trusts, life insurance

Ask the Expert: How much life insurance should I carry?

Posted by Zinner & Co. on Oct 8, 2019 5:20:00 AM

 

How much life insurance should I carry?

This is a great question! We hear it frequently, so we wanted to cover it here on our blog. The question is usually asked in the context of: “I’m about to purchase a life insurance policy. How much coverage do I need?”

The answer is – it depends.

Read More

Topics: business succession, Retirement Planning & IRAs, Estates, Gifts & Trusts, Insurance

My child has special needs. What can I do to ensure that he is cared for?

Posted by Zinner & Co. Tax Team on Jul 11, 2019 6:59:00 AM

One of the challenges when providing for loved ones with special needs is to do so in a way that they do not lose their eligibility for governmental assistance such Supplemental Security Income (SSI) or Medicaid. Recipients can lose eligibility for these programs if their assets exceed a certain level. One of the ways around this is to create a trust.

Read More

Topics: social security, Estates, Gifts & Trusts

The 10 Biggest Mistakes to Avoid in Estate Planning

Posted by Zinner & Co. on May 21, 2019 7:29:00 AM

 

If you’re like most, you want to be able to leave something to your progeny when you die. Leaving a legacy for our children is just part of the American dream of wanting them to “have it better” than we did. But many well-intended parents have had their wishes left unfulfilled because of simple errors in estate planning.

Read More

Topics: real estate, Retirement Planning & IRAs, Estates, Gifts & Trusts, Insurance

Use of Donor Advised Funds is on the Rise!

Posted by Zinner & Co. Tax Team on Dec 3, 2018 8:06:08 AM

Donor advised funds appear to be gaining in popularity and use. Part of the reason for this is due to changes in the tax code brought about by the 2017 Tax Cut and Jobs Act (TCJA.) The TCJA has made significant changes to the deductibility of charitable gifts…

Read More

Topics: Estates, Gifts & Trusts

Changes to the Estate and Gift Tax Exemption under TCJA

Posted by Zinner & Co. Tax Team on Nov 29, 2018 6:30:00 AM

The Tax Cut and Jobs Act (TCJA) has brought about the largest change to the U.S. tax code in

over 30 years. One of the areas of the code that has been significantly impacted by these sweeping changes deals with estates.

Read More

Topics: Estates, Gifts & Trusts, Tax Cuts and Jobs Act of 2017

How the 65th Day of the New Year Could Help You Save on your Taxes

Posted by Zinner & Co. Tax Department on Dec 26, 2016 6:02:00 PM

The benefits of trusts in managing one’s financial affairs, both during one’s life and after one’s death, are well documented and quite significant.  Among the trade-offs for their benefit are the complexity of their tax structure and the highly compressed tax brackets that apply to them.  In addition, it is important to note that estates are subject to most of the same tax treatment as trusts.

Read More

Topics: Taxes - Individual, Estates, Gifts & Trusts

Timely Tips for Small to Mid-Sized Estates

Posted by Eric James on Oct 25, 2016 9:59:55 AM

 

Read More

Topics: Estates, Gifts & Trusts

Are Your Retirement Plan Assets Protected?

Posted by Robin Baum, CPA, Managing Partner on Sep 20, 2016 3:00:35 PM

Based on presentation by Robin Baum at the 2016 Cleveland Boy Scout Estate Planning Seminar. Article submission to the Ohio Probate Law Journal

Read More

Topics: Retirement Planning & IRAs, Estates, Gifts & Trusts, Robin Baum

CATEGORIES

Latest Posts

Learn why Zinner & Co. loves Cleveland

Subscribe to Our Blog