Estate planning

How do financial advisors work with elder law attorneys or aging life care managers to support your clients?

Tax professionals are calling for changes to the proposal, even though they welcome clarifications they have been waiting on for decades.

New rules for IRA beneficiaries, the expiration of the Tax Cuts and Jobs Act and guidelines for qualified stock make these strategies especially relevant.

Art loans function as lines of credit, so clients draw on them and pay them back as they can.

Planners can help savers avoid higher taxes, IRS penalties and Medicare headaches by guiding them through the strict guidelines for the accounts.

Baseball cards, sneakers, cars, antiques and stuffed animals could sell for a lot of money, or such collections could be a time suck and an emotional drain.

Clients have several options to tackle this unpleasant topic, but for advisors, the best time to start the discussion is now.

It's important for advisors to develop a relationship with both spouses from the outset, long before an unexpected death.

Financial advisors who specialize in estate planning say regular clients can learn from these messy celebrity situations.

By blending empathy, pragmatism, prompt action and effective communication, financial planners can have an outsized impact on clients with dementia and their families.