Protect Family Wealth from Third Generation Curse
Thorough communication with heirs about values and various elements of your estate plan could help younger generations better manage their inherited wealth.
April 10, 2024
The Complexities of Co-Owning a Vacation Home
Explore the benefits and challenges of co-owning a vacation home, and how an estate planning attorney can help prevent potential disputes.
March 26, 2024
Business Owners needs Succession Planning
There are two sides to a succession plan. One is for the operation of the company, and the other is for the ownership of the deceased owner’s share.
March 14, 2024
Understanding Marital Trusts in Your Estate Plan
A marital trust is a complex estate planning tool that should be crafted carefully. Because of its tax benefits, you should work closely with an experienced estate planning attorney to establish the marital trust properly.
March 12, 2024
How Does an Estate Plan Address Young Beneficiaries?
Minor children and young adult beneficiaries in particular need more specialized provisions to protect both the assets and the beneficiaries.
March 6, 2024
Divorce Impacts your Estate Plan
Divorce significantly affects your estate plan. Therefore, it’s crucial to take timely action to revise it. If you’re going through a divorce or have recently finalized one, it may be time to review and update your estate plan.
February 26, 2024
A Subtrust is a Multi-Tool that serves various Purposes
A subtrust is a separate entity created under the umbrella of a primary trust or a will. A subtrust becomes active based on the terms of the trust or will when certain events happen, such as the death of the primary grantor, or creator. Subtrusts are one tool that estate planning attorneys use to help families pass on inheritances and protect their heirs from creditors or issues such as lawsuits or divorce. Subtrusts serve various purposes depending on…
January 29, 2024
Adjustment in Cost Basis is a Crucial Tax Consideration
The adjustment in basis is a crucial tax consideration–what can it mean for you?
January 24, 2024
Strategies to avoid Inheritance Disputes
A highly successful estate-management strategy for avoiding inheritance disputes is to make a meticulously detailed and legally sound will.
January 22, 2024
Estate Planning for Unmarried Senior Couples
Creating an estate plan for an unmarried couple is already challenging. However, when the cohabitating couple is in their golden years, it’s especially tricky.
January 10, 2024