by Christine | Aug 27, 2015 | Estate Planning, Trusts |
Having a trust sounds like something that only wealthy people need, but trusts are useful estate planning tools for regular folks too. Trusts foster better control over how assets are distributed among heirs. When properly designed, trusts can also ensure that...
by Christine | Aug 26, 2015 | Estate Planning, Living Trust, Living Will, Trusts, Wills |
The simple and unpleasant truth of estate planning is this: few people enjoy spending time contemplating their own mortality. Estate Planning requires recognition that at some point in the future you will no longer be alive, which leads to anxiety. This is the biggest...
by Christine | Aug 14, 2015 | Asset Protection, Elder Law, Estate Planning, GIfting, GRATs, Tax Planning, Trusts |
Some high-net worth families still face the challenge of reducing their estate to minimize or eliminate estate taxes, although the federal estate tax exclusion is currently larger than it has ever been. The portability of unused exclusion amounts are at $5.43 million...
by Christine | Aug 6, 2015 | Asset Protection, Elder Law, Estate Planning, Estate Tax, Living Trust, Trusts, Wills |
Of all the hated taxes in the U.S. tax code, the estate tax is handily the single most hated tax, particularly among wealthy families who must pay it. In an effort to preserve wealth across generations, these families rely on the use of complex strategies to transfer...
by Christine | Jul 28, 2015 | Asset Protection, Elder Law, Estate Planning, Trusts, Wills |
Estate plans are more about reducing the stress on your heirs and ensuring that your wishes for the assets you leave behind are distributed as you wish than they are about money. Instead of focusing on a list of bank and investment accounts, trying thinking...
by Christine | Jul 24, 2015 | Elder Law, Estate Planning, Estates, Living Trust, Trusts, Wills |
Unlike previous generations, the baby boomers are more concerned with having enough money to last through their retirement years than with leaving substantial assets to their heirs and to charities. But they are still concerned with leaving a legacy for their...
