Tracy Craig, Fellow, ACTEC, AEP®
Estate attorney Tracy Craig is a partner and chair of Mirick O'Connell's Trusts and Estates Group. She works with individuals in all areas of estate and gift tax planning, ranging from testamentary estate planning, including business succession planning, to sophisticated lifetime leveraged gifting techniques. She also specializes in estate administration, prenuptial agreements, guardianships and conservatorships, and all aspects of charitable planning, including the formation and operation of tax-exempt organizations, ranging from private foundations to public charities. She serves in various fiduciary capacities, including trustee, conservator and personal representative. She also works with clients on issues facing elders.
Craig is a Fellow of the American College of Trust and Estate Counsel and an AEP®. She has received an AV® Preeminent Peer Review Rating by Martindale-Hubbell, the highest rating available for legal ability and professional ethics.
E-mail: tcraig@mirickoconnell.com
Website: www.mirickoconnell.com (opens in new tab)
Connect on LinkedIn (opens in new tab)
Latest articles by Tracy Craig, Fellow, ACTEC, AEP®
-
Making a Killing in Cryptocurrency? There’s a Tax on That
If you sell it, capital gains (or losses) kick in, and if you gift or inherit a lot of it, the IRS might want a piece of the action.
By Tracy Craig, Fellow, ACTEC, AEP® • Published
-
Beneficiary Designations: 5 Critical Mistakes to Avoid
retirement You may be surprised at how easy it is to make an expensive mistake with your beneficiary designations. Here's how to help avoid the five most common mistakes.
By Tracy Craig, Fellow, ACTEC, AEP® • Last updated
-
Got Cryptocurrency or NFTs? They Need to Be in Your Estate Plan
cryptocurrency Handled incorrectly, these popular assets could go poof. You need a password-sharing plan, a plan for naming beneficiaries and possibly a trust.
By Tracy Craig, Fellow, ACTEC, AEP® • Published
-
Even Your Pet Needs an Estate Plan
estate planning Who will feed Fifi once you’re gone? It's something you should probably put in writing. There are three different ways to do that, some offering more protections than others.
By Tracy Craig, Fellow, ACTEC, AEP® • Last updated
-
Your Vacation Home Needs an Estate Plan!
estate planning There are several ways to pass on a vacation home down to your loved ones, and they all come with some pros and cons to consider.
By Tracy Craig, Fellow, ACTEC, AEP® • Published
-
TOD Accounts Versus Revocable Trusts – Which Is Better?
savings Both help you pass down assets while avoiding the time and expense of probate, but one comes with a lot more flexibility than the other.
By Tracy Craig, Fellow, ACTEC, AEP® • Published
-
5 Ways to Incorporate Charitable Giving into Your Estate Plan
retirement Giving appreciated stock shares, donating your RMDs and using charitable remainder trusts are just a few of the options you may not be aware of to help charities and your heirs at the same time.
By Tracy Craig, Fellow, ACTEC, AEP® • Published
-
So, You Have an Estate Plan ... Now What?
retirement These legal documents can't just be put in a drawer and forgotten for years and years. They need to be tended to periodically, or else they may cause problems when you need them the most.
By Tracy Craig, Fellow, ACTEC, AEP® • Published
-
To Gift or Not to Gift
retirement Sometimes it can be wise (or just pleasurable) to give your assets away while you're still alive.
By Tracy Craig, Fellow, ACTEC, AEP® • Published