I’m currently studying for the CFP exam, and I’ve been using your videos to supplement my other study materials. I really appreciate that you provide examples with rough dollar amounts. It makes grasping these concepts a lot easier, and helps me understand when a strategy like this might be applicable. Reading a page of text describing a generic CLAT or CRUT is about as boring as it gets. Your videos are also MUCH better than everything else I’ve found on TH-cam from other estate planners. Most seem to be afraid to give away the secret sauce, or lack the skill to explain these things so well. I’ve subscribed and I’ll be watching all your future videos and catch up on your back catalog once I’ve passed this test. Thank you!
Thank you so much for your kind words! I'm thrilled to hear that my videos have been helpful in your studies for the CFP exam. It's great to know that the examples we provide make it easier for you to understand and apply these concepts. Good luck with your exam! And I'm glad to have you as a subscriber-there's plenty more content to come that we hope will continue to support your learning journey. If you have any specific topics you'd like to see covered, feel free to let us know. Thanks again for your support!
I have a trust with you but it was registered as a sale in the assessor office. Fix it please. I already contacted your office several times and the only things they told me is that is how the assessor office registered it. I'm telling you that is not correct what the assessor is doing and place a sale for $9 dollars and a new assessor price to my property.
Because Able and Baker are 65 years old and will be receiving a 5% income stream, the deduction is $332,850 based on the Applicable Federal Rate (AFR) when the example was given. 10% is the minimum that must go to charity. Thanks for your question.
I don't see how one can rely on people who continue to reside in California to give useful advice on saving on taxes. Would you go to a doctor who smokes?
I look at it from another angle... Maybe these financial advisers really know something that enables them to excel in California. All those negative issues of California do not affect them at all. They have the extra expertise to get around them. Are you suggesting Californians need to find out-of-state financial advisers ?
The professionals with the greatest tax expertise tend to be in higher tax jurisdictions such as California, New York, New Jersey, Illinois, DC, etc. This is because the value of the services that are provided is enhanced. After all, the people in the states often have 2 attributes in common: high incomes and are subject to a higher rate of state and local income and capital gains tax. The smoking doctor is an inapposite analogy. It is more akin to doctors living in an area with an aging and wealthy population. You will find lots of doctors in these locations just as you find more tax lawyers in high-income and high-tax areas!
I’m currently studying for the CFP exam, and I’ve been using your videos to supplement my other study materials. I really appreciate that you provide examples with rough dollar amounts. It makes grasping these concepts a lot easier, and helps me understand when a strategy like this might be applicable. Reading a page of text describing a generic CLAT or CRUT is about as boring as it gets.
Your videos are also MUCH better than everything else I’ve found on TH-cam from other estate planners. Most seem to be afraid to give away the secret sauce, or lack the skill to explain these things so well.
I’ve subscribed and I’ll be watching all your future videos and catch up on your back catalog once I’ve passed this test.
Thank you!
Thank you so much for your kind words! I'm thrilled to hear that my videos have been helpful in your studies for the CFP exam. It's great to know that the examples we provide make it easier for you to understand and apply these concepts.
Good luck with your exam! And I'm glad to have you as a subscriber-there's plenty more content to come that we hope will continue to support your learning journey. If you have any specific topics you'd like to see covered, feel free to let us know. Thanks again for your support!
I have a trust with you but it was registered as a sale in the assessor office. Fix it please. I already contacted your office several times and the only things they told me is that is how the assessor office registered it. I'm telling you that is not correct what the assessor is doing and place a sale for $9 dollars and a new assessor price to my property.
@maggies123 please contact our Client Services Supervisor directly at 530-392-4270 so we can look into this for you.
How can Able and Baker got > $300k in tax deduction by setting up a 1million CRUT? Shouldn’t they only are allowed to deduct 10% of the 1 million?
Because Able and Baker are 65 years old and will be receiving a 5% income stream, the deduction is $332,850 based on the Applicable Federal Rate (AFR) when the example was given. 10% is the minimum that must go to charity. Thanks for your question.
I don't see how one can rely on people who continue to reside in California to give useful advice on saving on taxes. Would you go to a doctor who smokes?
I look at it from another angle... Maybe these financial advisers really know something that enables them to excel in California. All those negative issues of California do not affect them at all. They have the extra expertise to get around them. Are you suggesting Californians need to find out-of-state financial advisers ?
The professionals with the greatest tax expertise tend to be in higher tax jurisdictions such as California, New York, New Jersey, Illinois, DC, etc. This is because the value of the services that are provided is enhanced. After all, the people in the states often have 2 attributes in common: high incomes and are subject to a higher rate of state and local income and capital gains tax. The smoking doctor is an inapposite analogy. It is more akin to doctors living in an area with an aging and wealthy population. You will find lots of doctors in these locations just as you find more tax lawyers in high-income and high-tax areas!