Total Alignment was among the firms selected and interviewed by Jason Zwieg of The Wall Street Journal to discuss its rationale behind its pursuit of incorporating artificial intelligence in its financial technology.
http://blogs.wsj.com/moneybeat/2016/09/09/its-not-creepy-its-the-future/
AdvisoryHQ has named Total Alignment Wealth Advisors as one of the “Top 10” best financial advisors in New York City in its 2016 rankings and comparisons. AdvisoryHQ uses a comprehensive review system in its analysis and selected TAWA out of hundreds of advisory firms. CLICK HERE TO READ MORE
Most planners are aware of the fact that there are federal estate tax implications for non-citizen clients and their spouses. Sometimes, however, the nuances between the treatment of Resident Aliens (“green card” holders) and Non-Resident Aliens can get a little fuzzy. As you can see, the difference in the treatment of these two groups is extremely substantial. Hopefully, the following cheat sheets should prove useful in determining the situation of a client who is, or is married to, a particular category of non-citizen.
Financial adviser Aimee Baehr, who works at Total Alignment Wealth Advisors in Sicklerville, N.J., frequently recommends couples go into marriage counseling about six months leading up to either one’s retirement.
“If a wife is younger and gets up early to commute an hour each way to work while the retired husband sleeps in and doesn’t do much all day, that may become a source of tension,” she says.
CLICK HERE TO READ THE ENTIRE ARTICLE IN THE WALL STREET JOURNAL
If the grandparents are wealthy, it is easier for the children to ask for money, but the situation still can raise issues, says Robert Hayden, co-founder of Total Alignment Wealth Advisors in New York City and an expert in trust and estate planning. Total Alignment serves mostly high-net-worth families.
“There can be an issue of fairness if the grandparents are giving more to some grandchildren than to others,” Hayden says. “That can be solved by setting up trusts with specific guidelines.”
The other issue is the tax that is imposed when money goes to a third generation rather than to children. Taxes must be considered in gift and estate planning, Hayden says.
With interest rates on the rise, those who are serving as trustees of trusts owning life insurance (TOLI) could expect a bumpy road ahead. Is it now time, for example, to exchange that existing policy for a universal policy with better crediting rates?
CLICK HERE TO READ ROBERT HAYDEN’S FULL ARTICLE PUBLISHED ON WEALTHMANAGEMENT.COM
Hardest hit may be taxpayers with more complex returns, says Robert Hayden, a financial planner with Total Alignment Wealth Advisors in New York City. “If you have a lot of complexity, rental properties, international investments, etc., it is very difficult to find a tax specialist,” says Hayden.
