A Brief History LessonDecember 18, 2019
With the election of Donald Trump as the 45th President, there were many questions surrounding his plans on tax reform. Many people predicted he would change, or even repeal, the estate tax; however, three years later the estate tax remains unchanged. Many of those who postponed planning to see what changes would occur may now find themselves behind the “estate-ball” due to inadequate planning. Had proper planning been done they would be in a better position today regardless of any change (or lack of change) to the estate tax.
Keep Thanksgiving About ThanksgivingNovember 27, 2019
The Thanksgiving holiday is a time for family, for gathering those most important to us around a table, and for reflecting on how they provide meaning and purpose to our lives. Football and turkey aren’t bad, either.
Thanksgiving can also be a tremendous opportunity to create meaningful discussion around family values. TDC Companies Chairman/CEO, Cleves Delp, was recently featured on Forbes discussing how families can better connect their wealth and purpose, and in the process, help ensure those around their Thanksgiving table today remain together for years to come.
ProMedica EventOctober 25, 2019
TDC and distinguished guests enjoyed a wonderful night celebrating The Toledo Children’s Hospital and honored those who gave generous gifts totaling more than 2 Million Dollars – The Toledo Children’s Hospital’s goal is to reach 5 Million Dollars in order to continue research to continue to provide outstanding care to the patients and their families. Thank you to everyone who attended.
College Football CoachSeptember 17, 2019
We offer expert second opinions (at no charge to you). Read how we helped a college football coach mitigate substantial financial risk.
Why TDCAugust 22, 2019
In this video Tyler Horning, Principal, describes what sets TDC apart.
Proper risk management for business owners involves making sure that in the event of an untimely death and/or disability of an owner; arrangements are in place to protect the interests of surviving owners and the deceased owner’s heirs. An untimely death of an owner without proper buyout agreements and funding sources present unique planning challenges for both the heirs of the deceased owner and the business itself.
Generational Split-Dollar (“GSD”) White PaperJuly 10, 2019
As discussed in this memorandum, a properly structured and administered Generational Split-Dollar (“GSD”) plan may provide the following key benefits: Potential estate tax savings, pass significant wealth (in the form of life insurance benefits) to younger generations and tax free growth of the cash surrender value of the policy.
Shortly after Aretha Franklin’s passing, every media outlet was flooded with fitting tributes and obituaries, focusing on the Queen of Soul’s contribution to music and society as a whole. Then, like when most famous people pass away, there was another part to the story: What will happen to all her money?
Non-Equity Split-DollarJune 5, 2019
In addition to purchasing new second-to-die policies inside a new ILIT, you may also wish to consider entering into a split-dollar arrangement with the ILIT. One of the principal benefits of this technique is that the gift between yourself and the ILIT as a result of you paying the premiums pursuant to a split-dollar arrangement should be considerable less than if you were to just gift cash directly to the ILIT allowing the ILIT to pay the premiums itself.