Blended Families face Unique Planning Decisions
There are many different configurations of blended families. However, they are generally made up of married couples who have children from previous marriages or relationships.
May 16, 2023
Avoid Unintended Consequences with your Planning
Although there is certainly no shortage of people with selfish or malevolent intent, a great number of estate plans that end in disaster are due to unintended consequences.
May 11, 2023
Protecting Assets with a Trust vs. LLC
To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business.
May 10, 2023
How an Annuity Beneficiary Works
Who you choose as the annuity beneficiary may impact how the annuity income is taxed if you pass away.
May 9, 2023
Revocable Trusts Must Be Funded to be Effective
The primary benefits of revocable trusts only are available if a revocable trust is FUNDED during life. Unfortunately, experienced estate planning attorneys often have clients who delay the funding of their revocable trusts until it is too late and miss many of the benefits that these trusts provide.
May 3, 2023
Consider these Overlooked Elements in your Planning
There are certain provisions that people often forget to put in a will or estate plan that can have a big impact on a family.
April 26, 2023
Step-Up in Basis can help Avoid or Reduce Taxes
Step-up in basis, also known as stepped-up basis, is a wrinkle in the federal tax code that can help heirs avoid or reduce taxes on inherited assets.
April 25, 2023
Single Parents Need Estate Planning
Nobody likes thinking about what happens if they should become incapacitated or die. However, we all need to have a plan in place for just these possibilities.
April 18, 2023
Safeguarding Digital Assets in Estate Planning
Cryptocurrency has become a new wrinkle in the development of an estate plan.
April 12, 2023
Planning to Protect your Pet after Death
Although in the past it may not have been the norm to provide for animals in our estate planning, times have changed.
March 27, 2023