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.
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.
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.
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.
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.
How Do I Write a Will?
October 28, 2021
Dying without a will can be costly and eliminate your ability to plan or provide for loved ones.
If I Have a Will, Do I Have an Estate Plan?
October 18, 2021
While a will is often part of an estate plan, an estate plan covers much more ground.
Where Do You Score on Estate Planning Checklist?
October 13, 2021
Every so often, it’s smart to methodically go through your estate planning documents and see if any tweaks are needed. Here’s a checklist to guide you through that mission.
What Should I Know about Cryptocurrency and Estate Planning?
September 27, 2021
What Is Cryptocurrency? Why Has It Been So Popular?
States with the Best Tax Rates for Retirees
September 24, 2021
The Tax Cuts and Jobs Act raised the federal estate tax exemption considerably. Before the tax reform law, it was $5.49 million per person for 2017. It’s up to $11.7 million for 2021 ($23.4 million for a married couple).