Tax law repeal is likely on the horizon, but the timing and scope are still uncertain. Creating an irrevocable trust to utilize the increased lifetime gift tax exemption amounts may be a wise move, and this article shows you how you can add flexibility to the trust so you can adapt to changes as they are enacted.
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Watch this short video to see how a special needs trust can help you protect your family’s assets and provide lifetime financial stability for individuals with special needs.
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Watch this short video to see how a supplemental life insurance retirement plan – or SLIRP – can allow you to get money when you want to, or need to, without hassle.
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Many of the common income tax deductions taxpayers were used to taking have been permanently eliminated, suspended, or limited until 2026, due to the Tax Cuts and Jobs Act of 2017.
These changes, coupled with the increased applicable exclusion amount, have shifted planning strategies from a focus on reducing estate taxes to a focus on reducing income taxes.
Have a look at this article that describes how non-grantor trusts can reduce income tax through enhanced deductions, then let’s explore how this technique can work for you.
Please note, we don’t provide tax or legal advice.
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Growing up on a farm in a place called Paradise Hill sounds like heaven for anyone, but at 6 years old, Nautilus Member Tyson Vines watched as his family’s dairy business was sold off, piece by piece, just days after losing his grandfather.
“Vines View Farms was no more.”
Years later, Tyson got a call from his father that made him wonder if history was going to repeat itself. Watch Tyson’s story (2:55) to learn how his father created a new legacy for the Vines family.
“What do you do when you’re full of life, and you learn there’s a fast-growing cancer inside of you?”
Nautilus Member Bill Lyon shares the story of his client, Noelle, a free spirit who would rather spend her time helping others than think about herself.
Watch Bill’s story (3:01) to see how this remarkable woman reacted to the news that she would not watch her daughters get married, after all.
Life can often change at the drop of a hat. Have you considered your family’s financial well-being? Find out if an Irrevocable Life Insurance Trust is the right choice for you.
“He was the guy who says, ‘That always happens to somebody down the street. Let’s get onto the next matter at hand.’ But sometimes what happens down the street comes a little closer to home.” Listen to Nautilus Member Agent Steve Maus talk about one of his most emotional experiences to date.
“The first life insurance death claim I delivered was to my mom, for a policy I wrote on my dad’s life.” Listen to Nautilus Member Gib Surles share his personal story about how life insurance made a difference for him.