Each estate planning client has certain things that are high on their priority list than it might be for other clients. Before executing any documents, it’s important to decide priorities based on your own unique set of circumstances.
Qualified personal residence trusts help reduce estate tax.
Annual gifts represent a way to plan one’s estate methodically.
Passing wealth from generation to generation can be “carrot-and-stick” – based, but it is far more effective to have open conversations about the responsibilities and challenges that accompany wealth.
Business owners have a longer and more complex decision-making process ahead of them in terms of estate planning.
Non spouse beneficiaries of IRA accounts , who can no longer stretch their distributions over their lifetimes, still need to obey RMD rules.
Social Security benefits are closely tied to estate planning as well as to retirement planning.
"When you create an irrevocable trust you are creating a document you cannot change easily, and the property you transfer to the trust is no longer in your control," Daniel Timins writes in Kiplingercom. There are only three possible reasons anyone would part with...
Sibling disputes often arise after parents have died, often resulting in expensive legal actions. Planning and family conferences can help avoid conflicts.
Long Term Care planning is essential as the cost of Long Term Care insurance rises and the cost of long term care itself skyrockets…
