August 22, 2022 •
Estate Planning Estate planning is not just for affluent individuals. While good estate planning can lead to desirable financial outcomes under the right circumstances, estate planning in its most basic form involves implementing the legal steps and directives that are necessary to ensure that your health and your assets are managed properly in the event of incapacity and death.
Read MoreAugust 18, 2022 •
Estate Planning One type of trust, the qualified perpetual trust, can be used to pass assets down to your beneficiaries, decade after decade.
Read MoreJuly 28, 2022 •
Estate Planning No matter what industry you might be in, what your long-term goals might be, or how your business is structured, you know that you need to be planning for the future.
Read MoreJuly 26, 2022 •
Estate Planning An executor is the person whom you name to handle the settlement of your estate after you die, taking your estate through probate, a court-supervised process that winds up your affairs in the state where you were living at the time of your death.
Read MoreJuly 15, 2022 •
Estate Planning So, what happens with your estate plans if you are not in a traditional nuclear family? There is quite a lot that can fall under the umbrella of a non-traditional family, and the recommendations will vary depending on your specific circumstances.
Read MoreJune 28, 2022 •
Estate Planning Due to recent tax law changes, your family may be able to avoid adverse federal estate tax consequences when you leave assets to your adult children.
Read MoreJune 24, 2022 •
Estate Planning The Treasury Department is on the cusp of changing a taxpayer-friendly regulation regarding federal estate taxes, but there’s no need to panic. As long as taxpayers can show that their gifts are truly gifts, they should not be affected by the revision.
Read MoreJune 23, 2022 •
Estate Planning When you set up your estate plan it is important to coordinate the legal planning documents that you or you and your attorney create with the document provided by your retirement account custodian and/or your life insurance carrier called a ‘Designation of Beneficiary.’
Read MoreJune 21, 2022 •
Estate Planning For disabled persons receiving financially based government benefits, a supplemental needs trust (‘SNTs’) can safeguard benefits and serve as an effective estate planning tool.
Read MoreJune 15, 2022 •
Estate Planning Grantor retained annuity trusts, intentionally defective grantor trusts, spousal lifetime access trusts, oh my! If you overhear two estate planning attorneys at a coffee shop, it would not be unreasonable to think that all clients have estate plans filled with trusts.
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