For many individuals, certain assets bypass their wills or trusts and are transferred directly to loved ones through beneficiary designations. These nonpro...
As the end of the year approaches, many people give more thought to supporting their favorite charities. If you’re charitably inclined and you itemize de...
Life insurance is often a cornerstone of estate planning, providing liquidity to cover estate taxes, debts or other obligations. However, life insurance pr...
Is one of your top estate planning goals to provide your family with financial security at the lowest tax cost? Strategies to consider include making gifts...
When it comes to estate planning, one of the more nuanced tools available is a quiet trust (also known as a “silent” trust). Unlike a traditional trus...
If you’re considering opening an investment account for your minor child or grandchild to help him or her save for the future, a custodial account can be...
For family business owners, an estate plan and a succession plan often work in tandem, ensuring that both personal and business affairs transition smoothly...
Make no mistake, serving as an executor (or a “personal representative” in some states) is an honor. But the title also includes significant responsibi...
As its name suggests, a living trust (also known as a revocable trust) is in effect while you’re alive. It’s a legal entity into which you title assets...
As the federal gift and estate tax exemption increases, the number of families affected by gift and estate tax liability decreases. With the passage of the...
