estate planning

Don’t Throw Away a $12.06M Estate Tax Exemption by Accident
estate planning

Don’t Throw Away a $12.06M Estate Tax Exemption by Accident

Many married couples fall into the “portability trap.” They fail to file an IRS form after one spouse dies and accidentally forfeit a massive federal …
April 14, 2022
Estate Planning Lessons from My Mother’s Cancer Diagnosis
estate planning

Estate Planning Lessons from My Mother’s Cancer Diagnosis

As an estate planning attorney, I know that advance medical directives are critical – but my experience with my mother deepened my conviction to help …
April 8, 2022
Does Your Estate Plan Call for More Than Just a Will?
estate planning

Does Your Estate Plan Call for More Than Just a Will?

Everyone needs a will, but some people need more than that. To save on taxes and make for a smooth transition, they could really use a revocable trust…
April 4, 2022
What’s Your Investing Time Frame?
estate planning

What’s Your Investing Time Frame?

It’s something you need to fully grasp to effectively pass down your wealth to the next generation (if you’re well off) – or avoid running out of mone…
March 29, 2022
When Do Living Trusts Make Sense?
estate planning

When Do Living Trusts Make Sense?

A trust can solve a lot of problems. But like all tools, it can also be misused.
March 24, 2022
Got Cash on Hand? How to Protect It from Lawsuits
estate planning

Got Cash on Hand? How to Protect It from Lawsuits

Over 15 million lawsuits are filed annually in this country. Are your liquid assets protected? An asset protection trust could help. Here’s how.
March 24, 2022
Living Trusts: The Myths, the Benefits and the Rest
estate planning

Living Trusts: The Myths, the Benefits and the Rest

Living trusts don't reduce estate taxes or negate the need for a will. But a charitable trust does provide tax benefits.
March 23, 2022
Discussing Family Legacy Plans? 5 Tips to Navigate ‘the Talk’
estate planning

Discussing Family Legacy Plans? 5 Tips to Navigate ‘the Talk’

A successful plan to pass wealth on to future generations takes effective communication delivered with a dose of sensitivity.
March 23, 2022
How to Protect Your Estate: A Pandemic-Inspired Checklist
estate planning

How to Protect Your Estate: A Pandemic-Inspired Checklist

The pandemic has proved that preparation is critical, so if you’re ready to get your estate in order, here’s where to start.
March 3, 2022
Exes, Stepchildren and Your Will: A Cautionary Tale
estate planning

Exes, Stepchildren and Your Will: A Cautionary Tale

Don’t be like Bob. After his divorce, he failed to update his estate plan, which listed his stepdaughter as a beneficiary.
February 22, 2022
Even Your Pet Needs an Estate Plan
estate planning

Even Your Pet Needs an Estate Plan

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 …
February 17, 2022
This Valentine’s Day – Think … Trust Income Tax Savings!
estate planning

This Valentine’s Day – Think … Trust Income Tax Savings!

Valentine’s Day is synonymous with hearts and flowers, but for those with non-grantor trusts, there’s another symbol that could be associated with it:…
February 14, 2022
How to Keep Your Estate Plan from Jeopardizing a Disabled Heir’s Benefits
estate planning

How to Keep Your Estate Plan from Jeopardizing a Disabled Heir’s Benefits

Anyone with a child or grandchild with a disability needs to pull out their will and make sure the way it’s written doesn’t unintentionally keep someo…
February 9, 2022
Should You Own Your Home in Your Trust?
estate planning

Should You Own Your Home in Your Trust?

Homes are illiquid assets that produce no income and come with ongoing costs for upkeep. Those issues can cause some snags with your trust.
February 8, 2022
Prince’s Estate Is a Royal Mess: 5 Ways You Can Do Better
estate planning

Prince’s Estate Is a Royal Mess: 5 Ways You Can Do Better

Six years of legal wrangling later, Prince’s estate is finally moving forward. Here are five critical mistakes he made that all of us can learn from.
February 5, 2022
Your Vacation Home Needs an Estate Plan!
estate planning

Your Vacation Home Needs an Estate Plan!

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.
February 1, 2022
What to Do When a Family Member Needs a Guardian
estate planning

What to Do When a Family Member Needs a Guardian

Seeking a guardianship for a loved one is a decision that shouldn't be taken lightly. Here's how the process works.
January 25, 2022
A Charitable Trust With Many Benefits for Retirees
Charity

A Charitable Trust With Many Benefits for Retirees

You can use a charitable remainder trust to help support causes you love and leave money to heirs in a way that mimics the old "stretch" IRA.
January 20, 2022
What Assets Should Be Included in Your Trust?
estate planning

What Assets Should Be Included in Your Trust?

A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries, and it can significantly reduce the headaches of pr…
January 16, 2022
Uncomfortable Lessons I Have Learned in Estate Planning
estate planning

Uncomfortable Lessons I Have Learned in Estate Planning

A personal story from a financial planner’s own family illustrates the importance of being prepared … and what happens when your parents aren’t.
January 1, 2022
From Facebook to iTunes to Amazon, You Need a Digital Will!
estate planning

From Facebook to iTunes to Amazon, You Need a Digital Will!

Online accounts and digital media are valuable, and they could be misused, locked up or even lost if you don’t take the right steps. Your estate plan …
December 19, 2021
Will It (My Home, My Life Insurance, Etc.) Be in My Estate?
estate planning

Will It (My Home, My Life Insurance, Etc.) Be in My Estate?

This is an important question to ask, because the answer could tell you whether you need to worry about estate taxes, beneficiary issues or probate co…
December 13, 2021
6 of the Best Assets to Inherit
inheritance

6 of the Best Assets to Inherit

If you really want to help your heirs out, these are some of the best assets to leave them.
December 9, 2021
Estate Tax Exemption Amount Goes Up for 2022
taxes

Estate Tax Exemption Amount Goes Up for 2022

As the estate tax exemption amount increases, fewer estates are subject to the federal tax.
November 10, 2021
A Plan for Rover After You're Gone
estate planning

A Plan for Rover After You're Gone

An owner's illness or death is a common reason for a pet being given up. However, here are some steps you can take to ensure your beloved companion is…
November 9, 2021
Someone Needs to Know Where Your Money Is
personal finance

Someone Needs to Know Where Your Money Is

Even those who have saved and invested well may not be sharing their financial information with a spouse or loved one. It’s time to do that now.
November 1, 2021