In the complex world of law and finance, trusts stand as one of the most powerful and versatile tools available. From estate planning and asset protection to charitable giving and business structuring, the uses of trusts are as diverse as…
An estate planning attorney provides more than simply "preparing documents." Rather, using their expertise and in-depth understanding of the current laws, an estate planning attorney evaluates your unique situation to create a plan that will ensure your assets are distributed…
For many of us, we look forward to retirement as a time when we'll be able to enjoy a leisurely lifestyle pursuing all the special interests we never had the time (or money) for in our earlier years. One of…
An emotional divorce can lead to financial turmoil (especially if children are involved). Rarely is the division of assets an amicable process. While your estate plan may be the furthest thing from your mind during a divorce, without updating your documents,…
Adapting to ever-changing federal estate tax laws, gifts, and GST exemptions may require an annual review and amendment of your estate plan. Since 2018, federal tax assessment on estates above $11.7 million, indexed for inflation every year, will default back to…
The Internet of Things (IoT) has become a part of our daily lives, making it more imperative than ever to identify and manage the digital property you own. We've progressed well beyond emailing family or connecting with friends over social…
The practice of estate planning is evolving due to changing family structures. Until thirty years ago, a traditional family consisted of a husband and wife who would marry young, buy a home, have children, and strive toward financial stability and…
The charitable trust is a kind of irrevocable trust that benefits both you and the beneficiary while also providing income for your heirs. The establishment of a charitable trust is a great way to provide many financial benefits to all…
People commonly know that probate occurs in probate court after someone passes away, and that it is something that happens after someone dies. Many people are not aware that the process is long and complicated. In some cases, it can…
Estate planning is regarded as essential by most older adults. Despite this, nearly half of Americans age 55 or older do not have a will or designated powers of attorney, while fewer still have living wills or advance directives. Providing…