December 10, 2020 •
Estate Planning ![]()
One of the biggest wealth transfers our nation has ever seen is about to take place. Over the next 25 years, as much as $68 trillion of wealth will be passed to succeeding generations.
Read MoreDecember 9, 2020 •
Estate Planning ![]()
Social Security is a huge source of financial stability for retirees, and married couples, in particular, can benefit dramatically from Social Security.
Read MoreDecember 8, 2020 •
Estate Planning ![]()
Retired Pope Benedict XVI has declined the inheritance of his brother Georg, who died in July, reported the German Catholic news agency KNA.
Read MoreDecember 7, 2020 •
Estate Planning ![]()
James Spears has been her co-conservator since 2008, when the singer suffered a very public breakdown.
Read MoreDecember 4, 2020 •
Estate Planning ![]()
The time may come when your elderly mother, father or other loved one cannot fully care for himself or herself. The adult children may not have the time or resources to ensure their relative’s health and safety. At that point, it may be time for him or her to move into a residential facility that can provide the care and services needed.
Read MoreDecember 3, 2020 •
Estate Planning ![]()
As a business person you may have seen the term "durable power of attorney" in several situations. Power of attorney is a strange term because it's not immediately clear what powers an attorney for the business may have.
Read MoreDecember 2, 2020 •
Estate Planning ![]()
We currently have the highest estate tax exemption and the lowest intra-family interest rates in history. That combination alone is significant, but when mixed with the potential for lower estate and gift tax exemptions and depressed business valuations, you have a potent catalyst for transitioning ownership.
Read MoreNovember 30, 2020 •
Estate Planning ![]()
To ensure a lasting legacy, you need to get your documents in order and have a clear plan for how your wealth will transfer, avoiding taxes and inheritor pitfalls along the way.
Read MoreNovember 27, 2020 •
Estate Planning ![]()
Trusts can be useful in estate planning for passing on assets to your heirs. A grantor retained income trust (GRIT) is a specific type of trust that allows you to transfer assets, while still benefiting from the income they generate.
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