Oct 4, 2021 | Blog, Estate Planning, Tax
If you would like to reduce taxes and give to charity while you meet the financial needs of your family, a charitable trust may be a worthwhile estate planning tool. When families sell highly appreciated assets, they must pay capital gains tax. However, contributing...
Jun 7, 2021 | Blog, Estate Planning
Whether you need to select a trustee, you have recently become a trustee, or you are a beneficiary of a trust, you can benefit from knowing the duties of the trustee. This article reviews some of the duties of a trustee in order to provide a clear understanding of...
Apr 26, 2021 | Blog, Estate Planning, Tax
While estate planning can have complexities for all families, additional complications may exist for those who remarry. On top of considering your spouse and children in your current marriage, you may have children from prior marriages and stepchildren. Ensuring that...
Apr 19, 2021 | Blog, Estate Planning
The idea of leaving a significant inheritance to your children or grandchildren may give you pause. Could the promise of wealth make your heirs act financially irresponsible or reckless? Anticipating a cash cushion, will they neglect their education or fail to pursue...
Jan 21, 2021 | Blog, Estate Planning
In most cases, by the time family members read the deceased’s will, they already know its contents and don’t object to them. But in some instances, wills can leave relatives feeling deceived, angry, and ready to take legal action. To prevent someone from contesting...
Jun 11, 2020 | Blog, Estate Planning, The Valuation Report
You might think that the enormous transfer of wealth from baby boomers to their heirs — $68 trillion over the next few decades — is causing great joy among beneficiaries. Unfortunately, this is not the case. Along with increasing wealth transfer, there’s also been an...
