In The News

Five Ways Planners Can Create Preemptive Value for Clients

Effective tax and estate planning is key to growing AUM when clients experience financial windfalls. Accumulating additional assets under management seems to be a perennial goal for financial advisors who hope to scale up their enterprises. Strategies for expanding access to…

read more

Father and son create national platform for estate planning

NetLaw is a law technology company that came from a need to innovate around the delivery of estate planning legal services. Attorney and CPA Jamie Hargrove had been doing estate planning with high net worth individuals for a long time, which is complex work. His son Alex joined…

read more

Do I Need to File a Gift Tax Return?

Filing a gift tax return is something that might feel a little bit gratuitous — after all, you were gifting something, not accumulating income, so why would the IRS possibly need to be in the loop? Well, for better or for worse, once the sum of your gifts over your lifetime…

read more

Why Spousal Lifetime Asset Trusts Aren’t for Everyone

For nearly a year, Congress has debated proposals for changes to federal estate and gift tax laws. The organizing principle of all this discussion seems to be reducing the amount of money that individuals can gift or leave in their estates free of gift and estate taxes. While initially, the…

read more

The IRS Changes Retirement Plan Limits for 2022

The IRS announced two major changes to retirement plans in 2022. First, the 2022 contribution limit for 401(k), 403(b) and 457 retirement accounts will increase to $20,500. That’s up from the $19,500 limit in 2021 and 2020. Second, the IRS boosted tax deduction thresholds…

read more

Watch out: These estate tax moves could be banned within days

If you’ve got an estate worth more than $6 million—or $12 million if you’re married—and you’re working out how to minimize taxes when you die, then you should run, not walk, to a lawyer to put your plan in motion. Not only is the tax bill on Capitol Hill planning to close various…

read more

Good People, Good Estate Planning Outcome and Solutions

Jamie Hargrove was interviewed for this episode of The Confident Retirement podcast that was posted on June 9, 2021. Listen here: Good People, Good Estate Planning Outcomes and Solutions. The Confident Retirement Podcast with Brett Kris Flammang and Mark Picchi Episode 006…

read more

What Health Care Law Is and How to Choose a School

Aspiring health care lawyers should understand that the health care industry is an enormous and lucrative portion of the U.S. economy, experts say. The amount of money that U.S. consumers pay for health care is increasing rapidly, and federal projections indicate that U.S. annual health…

read more