Knowledge Library
Articles and practitioner guidance organized around this planning area.
Insight
The death of a spouse can compress tax brackets, change IRMAA exposure, alter Social Security and retirement income, and change filing status. Planning should anticipate the survivor’s future tax structure.
Read article →Insight
Basis drives gain, loss, distributions, depreciation, and loss limitations. The practitioner should preserve provenance and reconstruct missing basis before relying on inherited software numbers.
Read article →Insight
Death creates a boundary between the final individual return and post-death taxation. Basis, IRD, estate/trust returns, retirement accounts, business interests, installment obligations, state issues, and portability may all require coordination.
Read article →Insight
Split-interest planning can coordinate charitable intent, appreciated assets, income streams, business sales, and estate objectives, but requires early timing, valuation, trust administration, assignment-of-income analysis, and specialist involvement.
Read article →Insight
Succession requires coordination of ownership, management, successor readiness, valuation, financing, tax structure, customer continuity, employee continuity, and the owner’s post-transition role.
Read article →Insight
The practitioner should identify why value is needed, the valuation date and interest, distinguish enterprise from equity value, normalize earnings carefully, and use qualified valuation professionals when a formal appraisal is required.
Read article →Insight
Buy-sell agreements coordinate triggers, valuation, funding, redemption or cross-purchase tax treatment, insurance, basis, estate consequences, and business continuity. Existing insured redemption arrangements deserve post-Connelly review.
Read article →Privacy preferences
