Savant Blog

Savant offers perspective on a variety of topics. Entries range from current events to timeless insights in the world of finance and investments.

07 Dec
December 07, 2007

Having spent 22 plus years in the financial services industry, one of my greatest challenges has been to get clients to complete their estate plan.  The development of an estate plan usually involves an attorney drafting a will or living trust to direct the disposition of individual’s assets upon death.  I don’t know if it is the cost of having a plan drafted (usually between $500 -$1,000 for a will or $2,000-$5,000 for a living trust) or that it forces

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19 Nov
November 19, 2007

Welcome to SAVANTips!  I am excited to post the inaugural message on my and my Savant colleagues’ new blog.  We intend to opine on a variety of investment, financial, lifestyle, and other topics of interest.  Some postings will discuss current events while others will convey timeless wisdom.  We will also try to capture the thoughts and concerns on our advisory clients’ minds and share them with all our readers.

We hope SAVANTips will be unique.  While I will share an occasional

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11 Jan
January 11, 2007

Did you know that the federal government has established guidelines for gift tax exemptions and gift tax rates for all property? While these guidelines are generous– everyone has a lifetime gift tax exemption of $1,000,000– it’s still important for you to understand them.

In 2007 and 2008, the IRS determined that gifts under $12,000 per person, per year, were exempt from a federal gift tax.  Gifts over the annual $12,000 per person limit are called “taxable gifts.”  In the

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