Planning Protects Partners' Pocketbooks and Pensions

As we move firmly into a period of economic bailouts and stimulus packages overlapped with our current tax season, it is important for domestic partners to understand the nuances of certain tax rules. While there is an abundance of simple “solutions” out there that may seem effective, they can do more harm than good and cause more tax grief than limited resources can bear. Having an effective partner plan can go a long way.