Opportunities in Estate Planning Under New Tax Law

by Richard S. Bernstein on Apr 6, 2018

Estate Planning

The Tax Cuts and Jobs Act has delivered significant estate planning opportunities, but many families have not taken advantage of these changes. Whether it’s the change in estate tax exposure, the generation skipping tax, or general long-term estate planning, anyone interested in transferring wealth should be aware of how the new tax bill affects estate planning.

Buy-sell Agreement Funded by Life Insurance for Multi-Owner Businesses

by Richard S. Bernstein on Mar 2, 2018

Life Insurance

Recently, I met a business owner who found himself in the following circumstance. His business partner recently passed away. It was a week after the funeral, and his office was addressing how they were going to handle the loss to the company, both in an operations capacity and emotionally.