June 29, 2022 •
Estate Planning Handled incorrectly, your cryptocurrency could go poof. You need a password-sharing plan, a plan for naming beneficiaries, and, possibly, a trust.
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.
Read MoreJune 7, 2022 •
Estate Planning Some estate planning problems can be avoided by proper planning, others by good practices during the estate administration process.
Read MoreJune 1, 2022 •
Estate Planning Establishing a joint revocable trust can be an ideal estate planning tool for the benefit of your children, grandchildren and beyond.
Read MoreMay 20, 2022 •
Estate Planning Frequent triggers also include changes in the health of executors and guardians; changes in laws, which may impact tax and legal strategies; and changes in state residence, which can also impact planning.
Read MoreHave you thought about what will happen to your Bitcoin when you die? For many of us, the thought has at least crossed our mind.
Read MoreApril 27, 2022 •
Estate Planning GRATs are one type of irrevocable annuity trust used by estate planning attorneys to reduce taxes. It took a lot of hard work and dedication to acquire your wealth. You want to transfer as much of it as you can to your beneficiaries. As a result, having a large estate means you’ll have to pay quite a bit in gift and estate taxes.
Read MoreApril 21, 2022 •
Estate Planning The Internal Revenue Service (IRS) recently issued much anticipated proposed regulations that clarify and revise some of the required minimum distribution (RMD) rules for qualified plans (i.e., 401ks, 403bs, etc.) and individual retirement accounts (IRAs).
Read MoreApril 19, 2022 •
Estate Planning Trust funds are an important estate planning tool. They can protect your assets while you’re alive and help ensure that you leave money to your children or other loved ones after you die.
Read MoreMarch 25, 2022 •
Estate Planning Children and grandchildren motivate us to think about a will and life insurance. However, it is problematic to name minor children as beneficiaries.
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