Wealth Strategies Journal

Do More, Better, Faster

Author: Shivani Jha

Court Permits Beneficiary Designations By Telephone

The US Court of Appeals for the Ninth Circuit has ruled that a participant may change his prior written beneficiary designation by a telephone call to the plan sponsor.


The Becker v. Mays-Williams, No.13-35069, 2015… Continue reading

For Most Taxpayers No More Income Average

In December, lawmakers resurrected the IRA charitable-transfer law for 2014 as well as income averaging for most taxpayers barring some exceptions.


For more, See Wall Street Journal Article.

Posted by Shivani Jha , Associate Editor.… Continue reading

New Magazine Teaches Children Financial Lessons

The PwC Charitable Foundation, which was started by the giant financial consulting firm PwC, is backing a publication by Ms. Chatzky and Time for Kids, a division of Time Inc..

The magazine intends to teach financial literacy to fourth, fifth and sixth graders.


For more see NY Times Article


Posted … Continue reading

Pro and Con (Law): Considering the Irrevocable Nongrantor Trust Technique

  • Are INGs rightfully the next big thing? Professor Schoenblum presents an artful argument as to why an ING—an incomplete non grantor trust sited in a state with favorable local tax laws—can produce significant income tax savings and should be defensible from a constitutional perspective.

For complete article visit – http://www.vanderbiltlawreview.org/Continue reading