Resort Town Blog .Com

Estate tax exclusion will most likely reset to $1,000,000.

The Estate tax exclusion will most likely reset to $1,000,000 with rates as high as 60%! Alarming I know… Plan your estate now.

Large drop in stocks between now and August 13th.

If you are in in the market be careful between now and August 13th. I sense the potential for a precipitous drop in stocks during mid summer of 2010. Also the Estate Tax will not be reformed, I guarantee it. Might want to look into Fixed or Indexed Annutities. Also my prediction is that Interest [...]

Individual ILIT’s are a poor choice in most cases

If you have counsel draft an ILIT make sure that if you wish to use it for a joint or survivorship policy in the future that the ILIT is amendable. Or better yet do not draft an ILIT for an individual life policy if at all possible…

Joint life is ALWAYS more efficient

Life Insurance in Aspen Colorado

I wanted to apprise you all of the tools and strategies that we are using with various types of Life Insurance and Insured products to assist clients in both high tax brackets as well as clients with a high net worth who are subject to the Estate Tax.

1. Advanced Estate Planning with

Aspen Advanced Estate Planning

If advanced estate planning is your need call Drew Kitchell with Devlin Financial Services. 970-925-9090

Estate Tax mitigation – Life insurance as the perfect wealth transfer tool

Using Irrevocable Life Insurance Trusts for Estate Tax Mitigation Individuals that may be subject to the Estate Tax in the future often consider using Irrevocable Life Insurance Trusts for the purpose of Estate Tax Mitigation. Given that affluent individuals whose estates are larger than current exemption amounts are subject to the 45% Estate Tax, it [...]