Cancelling Irrevocable Trust can cause Tax nightmare
Before pulling the plug on an irrevocable trust, it’s important to consider several factors like the potential tax consequences and possible alternative solutions.
September 5, 2023
The Safe way to Pass on Family Heirlooms
There are better—and often more creative—ways to plan and divide that can avoid family squabbles over cars, jewelry, furniture and household items.
August 30, 2023
The Estate of The Union Season 2|Episode 9 is out now!
The Estate of The Union Season 2|Episode 9 is out now! All good musicians eventually have a Greatest Hits album. We’ve got one too! We
August 29, 2023
Complexities of Determining Who is a Descendant
Wills and trusts, instead of designating a specific person to inherit, often name a group or class of people such as your ‘children,’ ‘issue’ or your ‘descendants.’
August 28, 2023
Consider Hiring a Lawyer for Medicaid Applications
Hiring a lawyer for Medicaid applications can offer several benefits.
August 24, 2023
How an Intentionally Defective Grantor Trust Protects Wealth
Sometimes it might take an IDGT, or intentionally defective grantor trust, to preserve generational wealth. But how does that work?
August 23, 2023
When Life Insurance becomes Taxable
While life insurance is typically not taxable, there are some notable exceptions that could play a role and are important to consider regarding any life insurance policy and benefit.
August 22, 2023
Avoid Pitfalls when Transferring Property to Heirs
Death is inevitable, but dying without an estate plan is not. Estate planning is a must for property owners, no matter how uncomfortable the subject might make you.
August 21, 2023
Finding a Missing Heir can be Challenging
Locating missing heirs after the death of their benefactor can require detective work worthy of Sam Spade.
August 17, 2023
An Attorney can help when applying for Medicaid
Navigating the complexities of government healthcare programs can be a daunting task, especially when it comes to applying for Medicaid.
August 16, 2023