Posts
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Why Establish & Fund a Trust Now Vs. Later
October 14, 2024
Why Establish & Fund a Trust Now Vs. Later
Many people with significant wealth have a trust (or two) in their estate plan. More often than not, the trusts funded during life are “revocable”...
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Talking Money with Young Adults
September 12, 2024
Talking Money with Young Adults
Many parents are concerned about their children building solid relationships with money but are unsure how to approach the topic with their kids. The...
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Tax-Loss Harvesting in 2024 and Beyond
September 12, 2024
Tax-Loss Harvesting in 2024 and Beyond
As trying as market volatility can be, it can provide opportunities for us to enhance a portfolio’s after-tax returns. How? One strategy we apply, e...
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Smart Ways to Give to Family and Charity
September 10, 2024
Smart Ways to Give to Family and Charity
Sending cash is not the only way to give. All sorts of assets that have increased in value since you bought them – from stocks to art to houses...
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How Trusts are Taxed: Key Considerations for Multigen Wealth
July 19, 2024
How Trusts are Taxed: Key Considerations for Multigen Wealth
Trusts in the U.S. are taxed at much higher rates than people or companies. And that difference can greatly impact how effectively your family trust o...
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A Trust for Your Next Generation
June 28, 2024
A Trust for Your Next Generation
Of the many accounts you can set up for your children or grandchildren (such as 529 Plans for education and custodial bank/investment accounts), none...
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How We Work with Co-Trustees
April 18, 2024
How We Work with Co-Trustees
Trusts at LNW are built on relationships that grow and are reinforced over time. This certainly applies to the co-trustees we work with, including cli...
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Funding a Trust Now vs. Later
July 21, 2023
Funding a Trust Now vs. Later
There are compelling reasons to fund a multigenerational trust while you are alive for the benefit of people you love and causes you believe in. And t...
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2023 Federal Tax Update: Biden Budget Proposals
April 12, 2023
2023 Federal Tax Update: Biden Budget Proposals
Despite a campaign promise to raise taxes on higher income households, the Biden Administration has so far not been successful in doing so. The latest...
