Author: Jim Lorenzen

The taxpayer relief act– I love that name since tax rates went up – raised the top tax rates that trusts pay on income. So,

Not so fast. It’s common for a 60-something business owner to count on finding a buyer, selling for an attractive figure, then live off the

You own an illiquid asset (land, buildings, etc) and you’d like to sell; but, you don’t want to get hammered with capital gains taxes (now

Here’s a quick checklist, courtesy of Kathleen McBride, Editor-in-Chief ofWealth Channel, AdvisorOne. You may want to sit down with your estate-planning attorney and review it

Hey, they ain’t making anymore of it! Unlike the dollar, the government can’t print real estate; so, I’ve been a long proponent of real estate

The Investment decisions we make aren’talwaysabout investing, after all. Your cousin Willie calls you and tells you he’s going to open a taco stand in

1. LOVE YOURSELF– It is the nucleus for all motivation. You have to feel good about yourself! A good place to begin is your physical

This isthe test of whether you owna businessor ajob. Back in the days when I was in publishing, I read Robert Townshend’sUp The Organization, which

Retirement planning for owner-employees, executives, and other highly-compensated employees can often fail because of one well-kept secret: These people will rarely, if ever, be able