Category: Estate Planning

A trust can be a powerful estate-planning tool, but contrary to popular belief, trusts do not make all taxes disappear. The families who set them up still need to consider […]

Payable-on-death accounts are a designated so that, upon the owner’s death, the money remaining in the account passes directly to a named beneficiary. These accounts offer an easy way to […]

Portability as it relates to estate taxes is quite a simple concept. It means that if one spouse of a married couple doesn’t use up the entirety of the federal […]

An executor of a will carries out the last wishes of someone close who has died. The executor ensures that the rules that govern the administration of a probate estate […]

An irrevocable life insurance trust gives you more control over your insurance policies and the money that’s paid from them. It also lets you reduce or even eliminate estate taxes […]

Few things are more emotionally trying than going through a divorce. Once you arrive at a settlement agreement, you feel some relief that you can move on with your separate […]

As we increase our online presence and digital assets with banking, shopping and sharing information, the personal, professional and financial aspects of our lives are leaving a digital thumbprint that […]

Your home is probably your most valuable asset. You are clear about whom you want to end up with it when you die. If you’re a parent, you want your […]

Looking for ways to avoid paying estate taxes and also benefit your grandchildren?  One way to do so is to contribute to a Section 529 college savings plan on behalf […]

You may want to live like a celebrity, but you shouldn’t die like some famous people who left a mess for their heirs. Dying Intestate You’d think that the rich […]

Simply stated, a living will specifies your wishes regarding life support in the event that you cannot communicate your end-of-life wishes. It comes into effect only if you are in a […]