Articles that Help You Reach Your Tax Goals.

Most of the articles deal with either estate planning or business succession planning.

They continue what the free special reports teach you. if you haven't already, download the special reports to kick-start your learning.

Estate planing: "How to Legally Eliminate Your Estate Tax Liability"

Business succession: "How to TRANSFER Your Business (to your Kids), Yet Keep CONTROL"



SORRY, YOUR ESTATE PLAN IS NOT DONE UNTIL YOU HAVE A LIFETIME PLAN

Joe (age 66/a successful business owner) has been reading my tax column for over 20 years… saves them in an ever-growing file. Recently, Joe read one of my columns about lifetime planning. It hit home. Immediately, Joe emailed me telling a bit about his family, his business (Success Co.) and his current estate plan… and […]


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THE SEVEN WONDERS OF THE — ESTATE TAX-SAVING — WORLD

Let’s start with two facts you must burn into your mind: (1) Your estate plan must start NOW with a life-time plan… Waiting for your plan to become effective when you go to heaven (like a typical A/B trust for husband and wife) can never be a tax-saving plan, but an estate tax trap that […]


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CAN YOU TRANSFER YOUR BUSINESS TO YOUR KIDS, YET KEEP CONTROL AND ENJOY YOUR COMPANY’S INCOME FOR LIFE?

The answer to the three questions in the title of this article is yes, yes, YES. A long-time reader of this column… (Joe, age 64, from Ohio, but now retired and a resident of Florida) called me. Joe wanted me to do his estate plan, including transferring his business (Success Co., a C corporation) to […]


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LEARN HOW TO SELL YOUR BUSINESS TO A KEY EMPLOYEE… TAX-FREE TO YOU AND YOUR EMPLOYEE

Own all or part of a closely held business? Someday the succession plan buzzer will go off. You would like to see the value of your business – in dollars – in your personal bank account. Wouldn’t it be nice if all of those dollars came to you tax free?..no income tax, no capital gains […]


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HOW TO MAKE SURE YOUR SUCCESSION PLAN IS SUCCESSFUL

Sooner or later or later – like it or not – when you own (all or part of) a closely held business, you must wrestle with your unique “succession planning problems.” The reason most readers of this column call me for help is to solve their business succession puzzle. Now a sad fact: Most callers […]


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WHAT KEEPS THIS ESTATE TAX/SUCCESSION PLANNER UP AT NIGHT?

The answer: Mistakes. Actually, mistakes that professional advisors make, causing readers of this column to lose unnecessary dollars to the IRS. You are about to read the story of a real-life person (Joe) who is 63 years old, married to Mary (age 62). Joe emailed me asking, “Can you give me a second opinion on […]


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FINISHED YOUR ESTATE PLAN?.. DON’T CLOSE THE DOOR UNTIL YOU GET A SECOND OPINION

This article is the story of the typical owner (Joe) of a family business who decides it is time to get his estate plan done. Joe (age 63) organized a meeting with his long-time friend and CPA (Chuck) and lawyer (Lenny) who specializes in estate planning. To start, all agreed Chuck should compute Joe’s estate […]


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