Top Client Estate Planning Goals for 2022

By WealthCounsel Staff on Jul 1, 2022 10:00:00 AM

Top Client Estate Planning Goals 2022

As an estate planner, you should always be attuned to your clients’ goals, especially when estate and gift tax laws change. WealthCounsel conducted a survey with the help of Trusts & Estates magazine and Informa Engage of more than 500 estate planning professionals to gain insight into estate planning trends. The survey results revealed several popular goals for 2022, relating to large lifetime gifts, the upcoming sunset of the Tax Cuts and Jobs Act of 2017, and the deceased spousal unused exclusion (DSUE) amount. Read on to learn about clients’ estate planning goals.

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SECURE Act Proposed Regulations: Key Highlights for Estate Planners

By WealthCounsel Staff on Jun 22, 2022 1:34:27 PM

SECURE ACT - IRS 2

While the SECURE (Setting Every Community Up for Retirement Enhancement) Act became law in late 2019, the Internal Revenue Service has only recently proposed how to implement it. The 275 pages of regulations have not yet been finalized, but their publication affects many estate planning clients.  These rules are a moving target, so it is important to learn about them from the source rather than relying on the expertise of custodians or financial advisors.

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Top 5 Tax Questions About Powers of Appointment, Answered

By WealthCounsel Staff on Feb 4, 2022 10:00:00 AM

FAQ

Powers of appointment are useful estate planning tools that allow the grantor of the power to choose someone they trust to instruct the fiduciary in control of the assets to redirect the distribution of the assets from their estate or trust. This distribution can take place many years after the grantor’s death.

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