Pass It Down Early
If you are concerned about the “Prince Charles Effect” (adult children coming into their inheritance too late in life to really enjoy it), earlier lifetime gifting may be the solution.
Opportunity is Knocking
Business owners have a unique opportunity for estate planning in the near term.
Leading by Example
Warren Buffet publicizes his estate plan for transparency, and perhaps to guide others in constructing their own estate plans.
Foodies Take Note!
Houston’s first foray into the Michelin-Star system; inaugural restaurants announced.
Finally!
Some of the most technical tax rules are those surrounding required minimum distributions from inherited IRAs. The IRS recently issued long-awaited final regulations, after several years of uncertainty in this arena. This article provides an excellent overview.
Houston Strong
Houston’s business climate remains strong, with a #3 national ranking for headquartering Fortune 500 companies.