Mistakes to Avoid with Beneficiary Designations
Here are five critical mistakes to avoid when dealing with your beneficiary designations.
August 11, 2022
Are Testamentary Trusts a Good Idea?
A testamentary trust can control your assets after death. However, there may be a better option available, experts say.
August 10, 2022
IRS Extending Time to File Portability Exemption
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.
August 9, 2022
July 28, 2022
Spendthrift Trust has Restrictions to protect Heirs
A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.
July 27, 2022
Marital Trusts have multiple Benefits
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.
July 25, 2022
Advantages to Establishing a Business Trust
Trusts could be an incredibly powerful tool to help business owners protect their business and reach their wealth goals.
July 18, 2022
Funeral Trust is an Option for Final Expenses
Setting up a funeral trust requires that a consumer take reasonable precautions and understand the process.
July 14, 2022
Becoming an Executor should be considered Carefully
Only you know your capacity and willingness to serve, or the degree of need expressed by the person asking you. However, it should help to know first that if you do decide to accept, there can be help out there and second there are standard procedures and practices you can follow.
July 12, 2022
Be Cautious when Buying Funeral Services
People shopping for funeral or cremation services may be particularly vulnerable to overpaying or being swindled, which is why experts say it is important to be cautious when making those decisions.
June 28, 2022