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We Want to Draft Your Legacy

Do You Need a Revocable or an Irrevocable Trust?

March 24, 2022
There are two main kinds of trusts: revocable trusts and irrevocable trusts.
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What Is a Revocable Trust and How Does It Work?

March 23, 2022
Trusts are often associated with the rich. However, the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.
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Estate Planning Tools and the Ones You Must Have

March 22, 2022
Like DMX and Prince, many Black Americans have failed to participate in the estate planning process.
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Do You Have to Pay Taxes on Inherited IRAs?

March 21, 2022
Tax rules on individual retirement accounts (IRAs) are different for inherited IRAs. Some differences are positive.
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When Can Estate Assets Be Distributed?

March 18, 2022
Many estate executors focus on estate taxes and forget about income taxes. That can be an expensive mistake.
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Is a Bypass Trust Necessary?

March 17, 2022
The rise in the stock market over the past several years, teamed with the passage of the SECURE Act two years ago—as well as the scheduled 50% reduction in the size of the federal estate tax exemption four years from now—has resulted in a renewed interest in estate planning for IRA and 401(k) accounts owned by married couples.
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Is Life insurance a Good Idea?

March 16, 2022
According to the U.S. Department of Agriculture, a middle class family raising a child to adulthood will spend over $233,000 on that child between the ages of 0 to 18. That doesn't even factor in the cost of college education, which can be thousands of dollars more per year once a child reaches adulthood.
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Is there Help for Presbyopia?

March 15, 2022
Presbyopia is estimated to affect 2 billion people globally, according to the American Academy of Ophthalmology (AAO).
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What Happens when Bitcoin Holders Die?

March 15, 2022
In today’s digital era, the departed will be survived by their electronic footprints, such as iPhone photo albums, Spotify playlists—and cryptocurrency wallets.
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What If an Estate Owes Back Taxes?

March 11, 2022
My mother passed, and she was an administrator of my grandfather’s estate and the inheritances. The estate accumulated quite a bit of back taxes over the years. Will the IRS put a lien on that estate as well as hers to retrieve funds?
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