Second Half of Life Podcast
This podcast explores the many issues and topics related to elder law - the wide range of legal matters affecting people in their second half of life and individuals with disabilities. Produced by Steinbacher, Goodall and Yurchak: Your elder care and special needs law firm, providing quality representation in litigation, with locations in Altoona, State College, Wilkes-Barre, Williamsport, Wyalusing and Wysox, Pa. Visit our website at PAElderCounsel.com.
Second Half of Life Podcast
How Your Business or Family Can Benefit in a Low-Interest Rate Environment
Interest rates were already pretty low at the beginning of 2020, and the COVID-19 pandemic has now pushed interest rates to record lows. How can a small business owner or individual take advantage of these interest rates? One way of doing so is a Grantor Retained Annuity Trust (GRAT). William Post of John G. Ullman & Associates leads a discussion about GRATs featuring Attorneys Julie Steinbacher and Landon Hodges of Steinbacher, Goodall & Yurchak, and Jason Nickerson, CFP® of John G. Ullman & Associates. If you've never heard of a GRAT or even if you have but don't know much about it, this is a perfect episode to listen to and see if one could benefit your family or business. Among the topics discussed are how to utilize and structure a GRAT for unique life events, how to optimize a GRAT after one maxes out their federal estate and gift tax exemptions, how family business owners can benefit from a GRAT as part of their succession plan, and how to strategically set GRAT terms for appreciating assets.
More information:
https://www.paeldercounsel.com/
https://jgua.com/