Joel M. Blau, CFP
Mr. Blau is chief executive officer of MEDIQUS Asset Advisors, Inc., in Chicago. He can be reached at 800-883-8555 or [email protected]
http://www.urologytimes.com
2016 financial outlook: Consider these strategies
No one can predict with any great certainty the financial outlook for 2016, especially with the national elections looming in November. Nevertheless, certain money management strategies make sense every year.
The 529 plan: Save for college and reduce taxes
The 529 plan, named after the section of the Internal Revenue Code authorizing it, allows you to remove wealth from your estate while you steadily accumulate assets to help educate children, grandchildren, nieces, nephews—and even yourself if you're planning to go back to college.
Minimize estate taxes with a bypass trust
Successful estate planning generally involves passing on your assets to your heirs at a low tax cost; one way of accomplishing this goal is through use of bypass trusts.
Here are 7 ways you can reduce your 2015 tax bill
As we approach the end of the year, the tax moves that you make—or don’t make—can have a significant impact on your 2015 tax return.
How to streamline the property transfer process
There are many ways you can hold title to real property, which is defined as land and anything built on it. However, the way in which real property is titled will affect how it is transferred during the administration of an estate. Learn more
What to know about splitting retirement plans
Joel M. Blau, CFP, and Ronald J. Paprocki, JD, CFP, CHBC, discuss the importance of qualified domestic relations order language in a divorce settlement, as well as what qualifies as a withdrawal from a retirement plan.
Retirement age key to Social Security timing
Unfortunately, there is no “one-size-fits-all” answer to when you should start receiving Social Security benefits.
Divorce: Understand the federal tax ramifications
When anticipating a divorce, it’s important to understand there are often major financial consequences and some important tax issues that need to be addressed.
IRA beneficiaries: Know who receives what
Understanding the impact that the beneficiary designation has on the payout of an individual retirement account after the IRA owner dies is a critical element of the planning process.
‘Step up’ to estate tax savings under this rule
If you continue to own appreciated capital assets until you or your spouse dies, the tax consequence could be greatly reduced, or maybe even completely eliminated, when the assets are eventually sold, courtesy of Section 1014(a) of the Internal Revenue Code, which generally allows an unlimited federal income tax basis step-up for appreciated capital assets owned by a person who passes away.

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