Learn how to limit risk and save taxes when diversifying a concentrated stock position.A portfolio that is top-heavy in one security poses tremendous downside risk, so it’s critical to employ diversification strategies.These strategies can help an investor hedge, monetize, and diversify out of a concentrated equity position while deferring capital gains tax.
A supplemental or special needs trust may help provide financial assistance for a disabled child.Government guidelines specify that if the child accumulates over $2,000 in assets, he or she could lose valuable government benefits.To help families provide financial assistance for disabled children without jeopardizing SSI or Medicaid benefits, Congress authorized the use of an irrevocable, supplemental or special needs trust.
Estate settlement should be as straightforward and non-disruptive as possible for your family.
Proper planning can make estate settlement a smooth process for all concerned by ensuring that all legal and tax requirements are met.
Having a current will in place is a critical first step and will ensure that your wishes are carried out as you intend.