In This Article:

If you have children, or plan to have children, the topic of education has probably come up. Do you want to provide for your child's education? What if they want to go to a private school? What if you want them to go to a private school? And finally, how will you pay for their tuition?

Originally published here by Kiplinger.

Retirement planning can feel like navigating a sailboat through the Bermuda Triangle. From shifting inflation rates to unknowable health care costs, it can seem impossible to know exactly what route to take and how much to save. That’s why we created a Retirement Income Calculator to help you estimate what you may need to save to support your lifestyle into retirement.

For most of us, ensuring the financial security and prosperity of our loved ones is extremely important. Gifting stocks to children in a low tax bracket (i.e., college students, graduate students, unemployed, etc.) allows us to share our success. It presents an opportunity for tax-efficient wealth transfer.

Trusts are popular estate planning tools used to transfer assets to beneficiaries while minimizing the effect of estate taxes. Spousal trusts, also known as marital trusts, fall into a subclass of trusts that can help you reduce the size of your estate for tax purposes while providing financial security for your spouse, family, and other beneficiaries.

Losing a spouse is never easy. In addition to processing the profound emotional impact, you and your family must address various financial issues. The challenge can be exacerbated when your spouse was the primary income earner or dealt with your finances independently. The greatest challenge is not to determine the "perfect" next steps to take. Rather, you must figure out how to grieve, process, plan, and grow—all in the context of this life-altering event. 

If you’re charitably inclined, you're probably interested in maximizing your contribution to your favorite organizations and tax benefit. A Donor Advised Fund (DAF) can help you get there while giving your charitable giving strategy flexibility.

Settling a parent’s estate is both emotional and complex. Discover 7 essential insights—from organizing paperwork to managing family dynamics—that can help you navigate the inheritance process with clarity and care.

The decision to execute a Roth conversion and generate taxable income is more complicated than it may seem at first, especially when you consider it in the context of your overall estate plan. You’re essentially making a bet that paying tax today is better than having someone else pay any income and/or estate taxes on it in the future.