Read Part 1 and Part 2 At the risk of mixing metaphors, let’s go back to the golf analogy.  On most golf courses, there are 3 par 3’s, 12 par 4’s and 3 par 5’s.  The par 4’s and 5’s usually require a driver, mid and long irons, a short iron and a putter –…

Read Part 1 In my business, I spend a lot of time in the classroom; two types of classrooms, as a matter of fact. The first is the classroom of application and experience where we apply what we teach, always attempting to refine and enhance our strategies, tactics, and application skills as we work to…

A few years ago, I watched a television news magazine interview and profile of the famed and accomplished pianist Vladimir Horowitz.  The image on the screen was of Horowitz playing the piano, fingers moving rapidly up and down the keyboard with obvious precision and grace.  The sound of his music was barely audible as the…

On December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. This Act makes numerous changes that affect estate planning, the most notable of which are: An Increase in the Applicable Exclusion Amount and the Generation Skipping Transfer (GST) Tax Exemption to $5,000,000. This makes…