2 min read
What’s the Difference Between the Two Types of Power of Attorney?
When drafting your estate plan, you and your attorney must account for what happens to your children and your assets after you die. But your plan...
To help you understand the implications of the recent Corporate Transparency Act
We have prepared a selection of frequently asked questions.
Estate Planning (2)
2 min read
Naming a Trustee May Be One of the Most Important Decisions of Your Life
When it comes to estate planning, trusts are appealing for many reasons. They can enable you to hold and transfer assets for beneficiaries, avoid...
1 min read
Assets with Sentimental Value Require Extra Planning
When planning your estate, you’re likely focused on major assets, such as real estate, investments and retirement plans. But it’s also important to...
2 min read
Leave Your Mark with a Dynasty Trust
If a prime objective of your estate plan is to leave a lasting legacy, a dynasty trust may be the right estate planning vehicle for you. And, thanks...
1 min read
Beware If Your Estate Plan Leaves Specific Assets to Specific Heirs
Planning your estate around specific assets is risky and, in most cases, should be avoided. If you leave specific assets — such as homes, cars or...
2 min read
Make health care decisions while you’re healthy
Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your loved ones. This includes...
1 min read
Does Your Estate Plan Include a Formula Funding Clause?
The gift and estate tax exemption is higher than it’s ever been, thanks to the Tax Cuts and Jobs Act (TCJA), which temporarily doubled the exemption...
2 min read
Estate Planning for Single Parents Requires Special Considerations
Here’s a fast fact: The percentage of U.S. children who live with an unmarried parent has jumped from 13% in 1968 to 32% in 2017, according to Pew...
1 min read
Properly Funding Your Revocable Trust Is the Key to Unlocking Its Benefits
If your estate plan includes a revocable trust — also known as a “living” trust — it’s critical to ensure that the trust is properly funded....
2 min read
When Life Insurance Becomes Taxable
Consider these facts on aging from the 2010 Census¹: The highest growth rate for a 10-year age group within the older population (age 65+) was for...
2 min read
Building an On-Off Switch into Your Estate Plan
The right estate planning strategy for you likely is the one that will produce the greatest tax savings for your family. Unfortunately, there can be...
1 min read
Create a Road Map to Protect Your Estate
No matter how much effort you’ve invested in designing your estate plan, your will, trusts and other official documents may not be enough. Consider...
1 min read
Estate Planning Lite: College-Aged Children Need a Basic Estate Plan
If your son or daughter currently is home from college on winter break, now is a good time to sit down and discuss a few estate planning documents he...