What Strategies Minimize Estate Taxes?
March 16, 2023
With 2022 bringing very little change to trust and estate law, 2023 remains a prime opportunity to take advantage of the favorable tax landscape.
What Is an Estate Planning Checkup?
March 2, 2023
An appointment with your estate planning attorney can address any holes that have developed and ensure that everything is in place.
What’s the Most Common Debt for Retirees?
January 31, 2023
Talk to just about any financial adviser, and they will urge you to enter retirement without debt. However, while a goal of beginning your golden years in the black is laudable, the reality can be very different.
What Is Needed in Estate Plan Besides a Will?
January 26, 2023
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.
What Happens When Property Is Owned Jointly and an Owner Dies?
January 24, 2023
Various types of property, such as bank accounts and real estate, can be owned jointly with another person(s).
High Interest Rates Have an Impact on Estate Planning
January 17, 2023
When the 7520 rate is low—as it has been for 15 years—opportunities for good planning abound. However, what about when the rate is high? Few estate planners have needed to ask themselves that question until very recently.
What’s Is the Best Way to Give to Charity?
January 5, 2023
It may be better to give than to receive. However, it may be even better to give and see your generosity rewarded.
Giving to My Favorite Charity in Estate Plan
December 22, 2022
Some people choose, upon their passing, to give their inheritance to a specific charity or organization. The great news is you don’t need a famous surname to give like a philanthropist.
How to Transfer Business to the Next Generation
December 8, 2022
Failing to properly plan for disability, death, or the ultimate transition of a family business can lead to disastrous financial consequences for both the business and the family.
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.