by Manish C. Bhatia | Dec 3, 2012 | News + Trends
A financial planner ideally serves as a client’s “financial quarterback,” advising and educating the client on all financial topics and making sure that the client is making the most of their money while also being protected against risk and liability. One of the...
by Manish C. Bhatia | Sep 30, 2012 | News + Trends
The annual gift tax exclusion is an amount that an individual can give to as many other individuals as he or she desires in a given year without incurring any gift tax liability.1 On January 1st, the exclusion resets and the individual can make additional gifts. The...
by Manish C. Bhatia | Jul 1, 2012 | News + Trends
With the lifetime Gift Tax exemption at the highest it has ever been ($5,120,000 in 2012)1 and Gift Tax rates (capped at 35% in 2012) and Applicable Federal Rates being historically low, 2012 is a perfect storm of gifting opportunity for anyone who is in a position to...
by Manish C. Bhatia | May 1, 2012 | News + Trends
Life insurance can serve many purposes. Whether you own a policy as income replacement security for your family, through your employer or as an investment asset, life insurance can be a multi-dimensional tool. However, with all of the financial planning instruments...
by Manish C. Bhatia | Jan 2, 2012 | News + Trends
Over the past decade, transfer tax exemptions, rates and planning opportunities have varied from year to year due to nearly annual changes in the laws. As the calendar turns to the new year, it is important to take a look at what Federal and Illinois legislatures...
