The Responsibilities of Being a Guardian
You might be surprised at how many questions arise surrounding financial issues, legal arrangements and lifestyle choices.
December 14, 2022
Unified Tax Credit is Central to Estate Planning
Gift taxes and estate taxes are only applied if your bequeathed assets exceed a certain dollar amount. Here’s a look at what the unified tax credit is, how it relates to gift or estate taxes and who this credit impacts.
December 13, 2022
The Estate of The Union Season 2|Episode 4 is out now!
The Estate of The Union Season 2|Episode 4 – How To Give Yourself a Charitable Gift is out now! This is the time of the year
November 29, 2022
GRATs are good Estate Planning Strategy
Grantor-retained annuity trusts, or ‘Grats,’ are a wealth-transfer technique that shift investment growth out of an estate to heirs tax-free.
November 14, 2022
Take Care When Naming a Co-Trustee
Unlike a last will and testament, a revocable living trust is effective during your lifetime.
November 8, 2022
What Is Upstream Planning?
Doing some ‘upstream’ planning now will take the guesswork out of what’s coming your way.
November 2, 2022
A Pet Trust will keep your Animals Safe
With the largest spike in mortality in the United States in a century, following the onset of the pandemic, providing for one’s pets after death has become a growing topic of conversation for many animal lovers across the country.
October 11, 2022
IRAs can be used to make Charitable Bequests
There’s a tax-smart way to make bequests by using assets from individual retirement accounts at death.
October 3, 2022
A Pot Trust can Provide Flexibility
A pot trust, also referred to as a discretionary, sprinkling or common pot trust, is a type of trust that can be used by families to pass on assets. With this type of trust, minor children serve as beneficiaries with a trustee that oversees the management of trust assets. The trustee has discretionary power to decide how the trust funds are used to pay for the care and needs of beneficiaries.
September 29, 2022
There are Benefits to a QTIP Trust
A qualified terminable interest property (QTIP) trust allows an individual, called the grantor, to leave assets for a surviving spouse and determine how the trust’s assets are split up after the surviving spouse dies.
September 26, 2022