Is an Estate Plan Battle Looming?
December 21, 2022
If you own any property at all, you probably know about estate planning. You can decide what happens to your assets after you die, of course.
The Basics of Estate Planning
December 14, 2022
Estate planning might sound like something that’s just for wealthy people with huge beach houses and billions in the bank. However, the truth is that estate planning is something we all need to think about.
Can You Prevent Family Fights over Inheritance?
November 28, 2022
In early 2022, Bloomberg News reported that Americans can expect to inherit $72.6 trillion over the next quarter century—more than twice as much as a decade ago. With so much potential generational wealth on the line, there is always a risk that it will become the subject of a dispute.
There are Ways to Transfer Home to Your Children
November 15, 2022
Transferring a home to adult children is not quite as easy as giving them the keys and letting them move in. No matter how you do it, the taxman wants his cut, whether through estate and gift taxes or those for property and income, both federal and state.
The Benefits of a Good Estate Plan
November 11, 2022
Estate planning helps you avoid many unfortunate situations. While it can take some time and money upfront, you can avoid many worse problems later on.
What Happens When Inheritances are Unequal?
November 8, 2022
Robert, the older brother, and Lon, the younger one, were close as they were growing up in the Queens borough of New York City. However, when their mother passed away and left the bulk of her estate to Robert, Lon was devastated.
Are You Ready for 2026?
November 3, 2022
Because once 2026 arrives, many of the tax adjustments that were part of the 2017 Tax Cuts and Jobs Act (TCJA) are expected to expire.
What Is Upstream Planning?
October 31, 2022
Doing some ‘upstream’ planning now will take the guesswork out of what’s coming your way.
Top 10 Success Tips for Estate Planning
October 27, 2022
Estate planning is one of the most important steps you can take for yourself and your loved ones.
Estate Planning Considerations for Minor Children
October 25, 2022
When preparing estate planning documents, certain beneficiaries may need more protection than others. One particular class of beneficiaries that needs to be intentionally considered is minor children.