During times when we are most anxious, keeping a focus on your planning can help.Consider protecting your loved ones with a strong and updated estate plan, being sure your beneficiary designations and current.Work to ease your portfolio panic with a solid diversification plan, which may help you better weather the storm when volatility occurs.
July 14—With today’s historically high gift and estate tax exemptions, and historically low interest rates, the use of personal trusts can be particularly beneficial in this favorable wealth planning environment.
This article reprint was recently published in the Bloomberg BNA’s Estates, Gifts, and Trusts Journal. While daunting college tuition bills have always been a concern to many parents and grandparents, the coronavirus pandemic and the resulting economic crisis have only served to exacerbate those concerns.
