Link to the Unlimited Podcast Speaker: Michael Kulbak May 7, 2026

Sometimes, stuff isn’t just stuff — advisors take note Published by Investment Executive February 12, 2026 “I give all of my personal effects and household contents to be divided among my children and/or beneficiaries as my trustee, in their absolute discretion, shall determine.” Few sentences in a will create more stress for executors than this one, or one of its many close cousins. It is almost always inserted with good intentions. It is meant to provide flexibility and sim

Using settlement annuities to safeguard inheritance and navigate the 21-year rule Published by Investment Executive November 13, 2025 Every couple of weeks, I get a call someone who has lost a parent and has been appointed executor of the estate. They explain to me that one of the estate beneficiaries — typically a sibling — struggles with a spending problem, a history of addiction, a mental health challenge, a cognitive disability or is in an abusive relationship. Sometimes

In a client scenario, an advisor fails to plan for an estate’s tax liabilities Published by Investment Executive December 8, 2023 Significant emphasis is placed on cash flow planning during a client’s lifetime (or at least it should be). But often overlooked is planning for cash flow after death. Because death triggers a series of tax implications that can significantly impact estate value, financial advisors should extend cash flow planning beyond the client’s lifetime to sa

Help clients consider an investment policy statement in their wills Published by Investment Executive April 12,2023 A major element of estate planning is determining the assets, and their value, to be left to estate beneficiaries. However, the estate plan may not specify how the assets are to be invested and managed post-death and prior to distribution to beneficiaries. Unless the will specifies an approach and constraints, an executor (a.k.a. estate trustee) will have signif