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Home / Estate Planning

On the Way to Financial Freedom When Beginning a Career (Journal Article)

$19.00

This article appeared in the March 2021 Journal of Financial Service Professionals. 

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This article provides a rank ordering of the most tax-efficient financial moves an employee should make when beginning a career. Ideally, the first two moves should be made together: put the maximum into a health savings account if the employee has high-deductible health insurance and put enough into a 401(k) account to obtain the maximum employer match. The next step is to pay down and ultimately pay off all high-interest-rate debts. The fourth step is to contribute to a Roth IRA annually since the contributions can be used for emergency spending needs tax free.


Author: Greg Geisler, PhD, CPA, is a clinical professor of accounting at Indiana University. He teaches a course on tax and individual financial planning. His research interest is how taxes impact financial advice. He has published four previous articles in Journal of Financial Service Professionals and six articles in Journal of Financial Planning. Greg holds a PhD from the University of North Carolina at Chapel Hill, an MBA from University of Pittsburgh, and a bachelor’s degree from University of Notre Dame.

FSP members: Click here to access this article for free (member log-in required).

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Estate Planning

Gray Tsunami: Advice for Planning with Elderly Clients (Journal Article)

$19.00

This article appeared in the March 2021 Journal of Financial Service Professionals. 

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Accounting & Tax Planning

Journal of Financial Service Professionals (1 Year Subscription)

$130.00 $75.00

The Journal of Financial Service Professionals is one of the oldest and most prestigious journals in the financial planning field. From its roots in insurance, pensions, and estate planning, the Journal has evolved into a vehicle for groundbreaking applied research on topics of concern to the holistic financial planner. It is a blind peer-reviewed journal with a competitive nature [...]

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Estate Planning

Grandparents, Gifts, and Estate Planning (Journal Article)

$19.00

This article appeared in the September 2021 Journal of Financial Service Professionals. 

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Estate Planning

Planning for Cross-Border Clients (FSPgo On-Demand Webinar)

$129.00 $19.00

Program Overview Advisors who represent clients with international connections, such as foreigners with US assets and beneficiaries, should be familiar with the basic tax and estate planning rules applicable to nonresidents. Additionally, individuals who have noncitizen spouses are subject to special estate and gift tax rules. Eli Akhavan will provide an overview of basic international [...]

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Estate Planning

Deferred Installment Sales Trust: No Pain with Your Gain! (FSP Institute On-Demand)

$199.00

Program Overview A deferred installment sales trust (IST) is an emerging alternative to the Section 1031 exchange, wherein the taxpayer has the opportunity to defer the gain on a sale without the restrictions of a Section 1031.  An IST is an irrevocable trust that utilizes the installment sale treatment under IRC Section 453 in order [...]

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Accounting & Tax Planning

An Estate Tax Valuation Primer: The Estate of Michael Jackson (Journal Article)

$19.00

This article appeared in the November 2021 Journal of Financial Service Professionals. 

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Estate Planning

Love and Legacy: Are Children’s Affections Related to Parents’ Bequest Intentions? (Journal Article)

$19.00

This article appeared in the January 2022 Journal of Financial Service Professionals. 

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Estate Planning

911 for Gifting (Journal Article)

$19.00

This article appeared in the September 2021 Journal of Financial Service Professionals. 

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