The intent of the laws and regulations is to allow the community spouse to have enough income and assets, so that he or she has enough income and assets to continue to live at home, whether that be a home, an apartment, or other living place.
No one enters a relationship — be it personal or business — thinking it will fail. However, what happens when it does?
The IRS issued a revenue procedure (Rev. Proc. 2022-32) Friday that allows estates to elect ‘portability’ of a deceased spousal unused exclusion (DSUE) amount as much as five years after the decedent’s date of death.
If you’re married, you may be wondering what happens to your assets once you or your spouse passes. The answer to that question depends on various factors, including whether or not you have a marital trust.
When combining finances as a new family, there’s lots to consider. To make the best choices, here are six key areas to plan ahead and consider.
“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.
You may want to consider some financial issues before walking down the aisle again.
No one likes doing taxes, but the task is even more daunting when filing a return for someone who has died.
The Estate of The Union Episode 13: Collision Course – Family Law & Estate Planning is out now! There is a dangerous intersection at the
If you’ve ever spent time working through your estate plan, you know how important it is to select and update your beneficiaries.
