Archives

We recently met with a client who was interested in setting up an estate plan using a trust funded by life insurance. But there was a catch: He didn’t want to set up the trust as irrevocable in [...]

Legacy planning with life insurance offers a strategic avenue for individuals to not only reposition their assets but also to cultivate a lasting financial legacy for their loved ones and [...]

I met with a client the other day who asked me a question that we don’t hear that often, but it does come up occasionally: “What is a stretch IRA and should I open one for my family?” It’s [...]

What items do you include in your financial portfolio? Often, the first things that come to mind are cash, stocks, bonds, and real estate. At Howard Kaye, we believe that if you’re not [...]

Calculating estate taxes can be a daunting task, especially when your estate is composed of valuable assets like properties and investments rather than cash. Understanding how estate tax is [...]

A new client came in recently who wanted to boost his retirement savings. The trick was he was 70 years old. He had realized there was a chance he could outlive the money he’d saved, and that he [...]

You have quite a few options when it comes to how you transfer money from one generation to the next. Let’s take the example of David Jones, who decided to leave $15 million in his bank account [...]

The “irrevocable” part of an irrevocable life insurance trust (ILIT) can be scary for some people. They worry that they might need to make changes down the road, and when something’s irrevocable, [...]

When we meet with clients, the majority of our conversation obviously involves those clients’ estate plans and life insurance policies. But that’s not all we talk about. We cover a range of [...]