For Our Clients

Educational Resources

Category: Estate Planning

7 posts categorized as "Estate Planning"

Kicking Off National Estate Planning Awareness Week

Oct 18, 2021

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

Once again, the National Association of Estate Planners and Councils is promoting Estate Planning Awareness week, starting today. The longstanding goal of the week is to help people understand what estate planning is, and why it is such an important aspect to your financial wellbeing. To help further this goal, we will feature several blogs this week that focus on why estate planning is important,

Read More

Scary Financial Mistakes: Dying Without an Estate Plan

Oct 29, 2020

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

As the Scary Financial Mistakes blog series comes to an end, we turn to another necessary end: end of life issues. Many people fear death, some embrace it, but regardless of your perception, it’s coming. One thing you can do to prepare for this, and to help make things less scary for you and your family, is to have an estate plan in place.

Read More

Will the Election Affect Wealth Transfer Tax?

Oct 21, 2020

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

As the election nears, and in an effort to continue to bring attention to Estate Planning Awareness Week, I have been asked by many whether a change in the President will lead to a change in the transfer tax regime (e.g. gift and estate tax laws). Let’s take a look.

First, it’s important to understand where we are today.

Read More

National Estate Planning Awareness Week Begins Today

Oct 19, 2020

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

Today, October 19, marks the start of the National Association of Estate Planners & Councils (NAEPC) National Estate Planning Awareness Week, the thirteenth year of the campaign. The purpose of the week is let people know they need to implement an estate plan for themselves or assure that their plan is up to date. Doing so allows individuals to control their personal care,

Read More

Politics and the Estate Tax

Oct 24, 2019

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

Regardless of which study you choose to follow; the estate tax has generated a tiny amount of revenue for the federal government since World War II.  Just after the war the tax generated its highest percentage of revenue, almost 2.6%, but since then it has swayed between 1-2% of total government revenue, typically near the 1% mark. 

Read More

With Historically Low Interest Rates, Some Planning Ideas May Soar

Oct 22, 2019

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

Interest rates have become a hot topic these days.  Many people complain there aren’t any bonds paying a good enough rate.  Meanwhile, President Trump complains that the Fed’s interest rates are too high.  Credit card rates, home mortgage rates, you name it, and interest rates are everywhere.

While not often top of mind, there are also interest rate issues in the estate planning world. 

Read More

estate planning text on notepad

National Estate Planning Week is October 21-27th

Oct 21, 2019

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

National Estate Planning Awareness week has come around again.  This is a week founded by the National Association of Estate Planners and Councils.  The goal of the week is to remind everyone of the importance of having a comprehensive estate plan.  Whether we like it or not, we all need to plan for our incapacity and our own demise. 

Read More