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Brian C. Perlin
Miami, Florida
Has prepared over 4,000 estate plans & administered over 600 estates in South Florida.
Interests: healthy living, vegan, estate planning, Breaking Bad, House MD, Starbucks, living in downtown Miami
Recent Activity
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“Five of the most common mistakes are easy to avoid with the right information and support, as well as a little creativity.” Because estate planning has plenty of legal jargon, it can make some people think twice about planning their estates, especially people who believe that they have too little... Continue reading
Posted yesterday at Perlin Estate Planning
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“New research from TD Ameritrade finds that many individuals are confused when it comes to Roth IRAs — accounts that are funded with post-tax money. Consequently, many people are leaving cash on the table, when it comes to maximizing this savings strategy.” CNBC’s recent article entitled “Not knowing these Roth... Continue reading
Posted 2 days ago at Perlin Estate Planning
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“These changes are so significant that every such plan holders should review their wishes and how their estate plans may be affected.” The SECURE Act has made big changes to how IRA distributions occur after death. Anyone who owns an IRA, regardless of its size, needs to examine their retirement... Continue reading
Posted 3 days ago at Perlin Estate Planning
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“What would happen if you were mentally or physically unable to take care of yourself or your day-to-day affairs? You might not be able to make sound decisions about your health or finances. You could lose the ability to pay bills, write checks, make deposits, sell assets, or otherwise conduct... Continue reading
Posted 7 days ago at Perlin Estate Planning
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“You suddenly have money! Maybe the money is from an inheritance, maybe it is from a gift, or maybe you were just plain lucky and won the lottery. Whatever the source, having new-found money can be both a joy and a worry. What should you do with all this wealth?”... Continue reading
Posted Jan 16, 2020 at Perlin Estate Planning
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“Being named in someone’s will as the executor–the person to handle and settle up estate matters–sounds like a great honor.” You’re named executor because someone thinks you’d be good at collecting assets, settling debts, filing estate tax returns where necessary, distributing assets and closing the estate. However, Investopedia’s article from... Continue reading
Posted Jan 15, 2020 at Perlin Estate Planning
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“A trust company manages trusts, trust funds and estates for individuals, businesses and other entities.” A trust company can provide a variety of investment, tax and estate planning services for their customers Wealth Advisor’s recent article, “Understanding How Top Trust Companies Operate,” gives us a high-level overview of the nature... Continue reading
Posted Jan 14, 2020 at Perlin Estate Planning
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“Is it possible to settle a reverse mortgage so people can keep their home, if they change their minds? Can their children buy it out and keep their parents' home?” A reverse mortgage is a powerful vehicle that lets seniors tap into the equity in their homes, even when they’re... Continue reading
Posted Jan 13, 2020 at Perlin Estate Planning
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“As people decide what they should do to benefit their spouses and families, considering life insurance in retirement can help protect, build and transfer wealth in one of the simplest ways possible.” In the 1990s, it wasn’t unusual for people to buy second-to-die life insurance policies to help pay federal... Continue reading
Posted Jan 8, 2020 at Perlin Estate Planning
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“Feeding America, Kentucky’s Heartland, will be reaping the benefits of George and Hazel Luster’s kindness and generosity for years to come.” In a first-of-its-kind gift to the nonprofit organization, George and Hazel Lusters donated nearly $70,000 through their estate. The organization’s board voted to place the money in its endowed... Continue reading
Posted Jan 7, 2020 at Perlin Estate Planning
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“When used judiciously, a home equity line of credit, or HELOC, can be a tool to help retirees control their taxes and can serve as a potential backstop, when unexpected expenses hit.” Many retirees—and those nearing retirement—have put much of their savings in traditional IRAs or 401(k)s, which are tax-deferred... Continue reading
Posted Jan 6, 2020 at Perlin Estate Planning
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“Many A-listers have an impressive fortune worth millions and sometimes even billions of dollars, but not all of them intend to pass on this wealth from one generation to another.” Although there have been celebrity children who have benefitted by inheriting a large sum of money from their parents, or... Continue reading
Posted Jan 3, 2020 at Perlin Estate Planning
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“When you withdraw funds from your 401(k)—or ‘take distributions,’ in IRS lingo—you begin to both enjoy the income from this retirement mainstay and face its tax consequences.” For most individuals and with most 401(k)s, distributions are taxed as ordinary income. However, the tax burden varies by the type of 401(k)... Continue reading
Posted Jan 2, 2020 at Perlin Estate Planning
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“Nobody really likes getting a smaller piece of the pie.” The decision of making unequal inheritances can be a hard process. Considerable’s recent article, “More parents are leaving unequal inheritances to their adult kids,” says that a new study from Merrill Lynch Bank of America/Age Wave found that among those... Continue reading
Posted Jan 1, 2020 at Perlin Estate Planning
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“The holidays are a popular time of year to give to charity. We are in a good mood, feeling generous and may also be looking for ways to lower our taxable income before the end of the year. However, this incentive only applies, if you itemize your deductions.” The Tax... Continue reading
Posted Dec 31, 2019 at Perlin Estate Planning
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“Unfortunately, elder financial abuse is a serious problem in the United States. According to The True Link Report on Elder Finance Abuse 2015, more than $36 billion is stolen each year from elders.” Research shows that all seniors run the risk of financial manipulation. However, a recent study showed that... Continue reading
Posted Dec 30, 2019 at Perlin Estate Planning
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“The end of the year is a good time to mark items off your financial checklist, like reviewing beneficiaries, updating contact information and visiting your safe deposit box.” Sometimes, you can get away with procrastinating, but delaying some tasks could have a huge impact on loved ones. The Dallas Morning... Continue reading
Posted Dec 27, 2019 at Perlin Estate Planning
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“Sen. Sherrod Brown will co-sponsor a bill that would more readily extend Veterans Affairs benefits to Vietnam War-era veterans who served in Thailand and suffered exposure to herbicides.” Senate Bill 1381 would change the presumption of a service connection for veterans who were exposed to herbicide agents, while serving in... Continue reading
Posted Dec 26, 2019 at Perlin Estate Planning
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“This year, due to some reported drug-pricing snags with the revamped Medicare.gov Plan Finder, there’s a chance you’ll discover something about your coverage that isn’t suitable.” For seniors who have an Advantage Plan, there’s already an enrollment period in place: January 1 to March 31. That’s when you can make... Continue reading
Posted Dec 25, 2019 at Perlin Estate Planning
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“You cannot put your individual retirement account (IRA) in a trust, while you are living. You can, however, name a trust as the beneficiary of your IRA and dictate how the assets are to be handled after your death.” Unfortunately, you can’t place an individual retirement account (IRA) in a... Continue reading
Posted Dec 24, 2019 at Perlin Estate Planning
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“A new, online option might help the state of Missouri solve a big issue and protect the vulnerable.” It's shocking. Just 39% of the calls were answered earlier this year on Missouri's Adult Abuse Hotline. The state is trying to fix this with an updated system to report abuse. For... Continue reading
Posted Dec 23, 2019 at Perlin Estate Planning
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“Ventura County’s 9-year-old Veterans Court program has been renamed in honor of the now-retired judge involved in creating it.” In a recent ceremony at the courthouse in Ventura, California, the Ventura County Veterans Intervention Court was renamed the Judge Colleen Toy White Veterans Treatment Court. The Ventura County Star’s recent... Continue reading
Posted Dec 20, 2019 at Perlin Estate Planning
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“Portability first emerged as an estate planning strategy in 2011 and 2012 from the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. It was made permanent by the American Taxpayer Relief Act of 2012.” WMUR’s recent article, “Money Matters: Portability and estates,” explains that each taxpayer is... Continue reading
Posted Dec 19, 2019 at Perlin Estate Planning
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“There are several tax concepts that are important for real estate investors, but for many people, step-up in basis is one of the least understood.” If you inherit assets—especially real property—you need to understand the step-up in basis rules. These rules can save you a lot of amount of money... Continue reading
Posted Dec 18, 2019 at Perlin Estate Planning
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“Aging at home has become more expensive than ever, according to Genworth’s 2019 cost of care survey.” The Genworth’s 2019 cost of care study revealed that the cost of homemaker services, like cooking, cleaning and running errands, went up by 7.1% since last year. Think Advisor’s recent article, “15 Most... Continue reading
Posted Dec 17, 2019 at Perlin Estate Planning