Michael Kitces

Sure, these trusts are intended to shelter a beneficiary, but a non-grantor one presents numerous tax-liability issues.

Given retirees’ unease about the future, spending down principal can prove a curious challenge.

These planning strategies can prevent beneficiaries from biting off too much — or too little.

Knowing how and when to withdraw can save clients big in their golden years.

Their low or no upfront costs can bite down hard on an adviser’s future profits.

Now that the tax-free distribution is back on the books, here's how advisers can take full advantage.

Your clients’ generous intentions can actually work against them. How to help navigate a thorny but navigable issue.

Whether clients are making 529 plan distributions, a direct tuition payment or an in-kind gift, for grandparents, timing is everything.

The goal is to own investments that can withstand risk, even if it means some sacrifices.

One used to be enough, but planners keen to move up the ladder need to develop their arsenal — and quickly. Just as importantly, however, these skills can provide a roadmap for where the firm should invest.