Can You Refuse an Inheritance?
December 15, 2021
What happens if you are named an heir in an estate but you don’t want it? Does it go the person’s children if you reject the inheritance?
Why Should I Update My Estate Plan?
December 7, 2021
Estate planning is making decisions today for what you want to happen in the future.
What are Earnings Limits for Disability Retirees?
December 2, 2021
The retirement law has set an earnings limit of 80 percent in order for you to continue your disability retirement.
Is There More to Estate Planning Than Writing My Will?
December 1, 2021
One reason for having a will is to make sure your wishes are carried out. If you die “intestate” (without a will), your assets will be distributed by state law, not by your desires.
Can Cryptocurrency Be Inherited?
November 29, 2021
If you’re merely dipping your toe in cryptocurrency, it can be hard to imagine your crypto as something worth talking to an estate attorney about. But that $100 in fun money could grow to a significant percentage of your total investments, sometimes overnight.
How Much can You Inherit and Not Pay Taxes?
November 23, 2021
Unless you spend your winters in Aspen and your summers in the Hamptons, you probably don’t have to worry about paying federal estate taxes on an inheritance. In 2021, the federal estate tax doesn’t kick in unless an estate exceeds $11.7 million.
Should I Write My Own Will?
November 22, 2021
An online form or a DIY will kit may be a more cost-effective option. However, hiring a lawyer could save you money in the future.
Don’t Follow Queen of Soul: Think about Estate Planning
November 18, 2021
Estate planning is perhaps the area of tax practice where one must consider the whole.
Talk to Parents about Estate Planning without Making It Awkward
November 9, 2021
Discussing estate planning with your parents is a conversation that can be difficult to have. You might not want to think about the day they are no longer here, or even consider that they might experience a decline in health that severely limits their ability to think clearly or communicate with you.
Why Do Families Fail when Transferring Wealth?
November 4, 2021
Over the next 25 years, analysts anticipate $68 trillion to be passed down to younger generations and charities. While the importance of legacy planning is not limited to the forthcoming Great Wealth Transfer, it does spotlight the significant amount of wealth that has been created, primarily by Baby Boomers, and the need to transition these assets thoughtfully.