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Globe Advisor's Best of 2023: The increasing importance of estate planning

Estate planning is becoming a top priority for most advisors, especially with the aging population and intergenerational wealth transfer taking place

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How financial planning has evolved to navigate 'different complexities'

FPAC incoming chair Julia Chung explains how financial planning has evolved to include more multilayered discussions with clients and deconstructing the ever-growing complexity of finances and taxes

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Why using donor-advised funds in estate planning can have the greatest impact for charitable giving

The gift into a donor-advised fund from an estate is a gift to a registered charity, so the estate gets a charitable tax credit, and the executor is relieved of the burden of dealing with multiple charitable organizations

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Will resilient markets and economy continue to exceed expectations?

Will resilient markets and economy continue to exceed expectations?
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What happens to family trusts when children get divorced?

If a family trust is settled the day before a beneficiary’s marriage, the beneficiary’s interest in that trust is considered property to be valued on the breakdown of a marriage

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