Estate planning is an essential task for everyone, especially given the ever-changing landscape of the federal estate tax. In 2023, the exclusion amount is at a record high, but that's set to change in the coming years. Here's what you need to know about the federal estate tax, its upcoming … [Read more...] about Understanding the Federal Estate Tax: Changing Are Looming
Estate Planning for Minors: UGMA/UTMA Accounts and More
Estate planning is not just about distributing your assets; it's about ensuring the financial well-being of your loved ones, especially children and grandchildren. This blog post will explore various tools available for effective estate planning, focusing on UGMA and UTMA accounts, 529 plans, … [Read more...] about Estate Planning for Minors: UGMA/UTMA Accounts and More
Seniors: A Pet Trust Can Provide Peace of Mind
There's no love quite like the love a dog can offer. For seniors, this companionship is not just emotionally enriching but can be a boon to overall health. Let’s delve into the life-enhancing advantages of dog ownership for older adults, discuss breeds that fit well with a senior lifestyle, and … [Read more...] about Seniors: A Pet Trust Can Provide Peace of Mind
Estate Planning and Retirement: Managing the Intersection
Estate planning and retirement often seem like separate financial universes, each with its unique set of rules and priorities. However, for anyone approaching or currently in retirement, these two are intrinsically linked. This blog aims to unpack the intersections between estate planning and … [Read more...] about Estate Planning and Retirement: Managing the Intersection
Exploring Unusual Trusts That Can Complete Your Plan
When people think of estate planning, they often default to standard options like living trusts or wills. However, the world of trusts is broad, offering unusal trusts for various situations. Today, let's venture into lesser-known territories and explore unconventional trusts like rabbi trusts, … [Read more...] about Exploring Unusual Trusts That Can Complete Your Plan
Shared Living Trust: Ideal for Certain Couples
The revocable living trust is one of the most versatile estate planning tools, and people are often very pleasantly surprised when they learn about the benefits. If you are married, the shared living trust can be the right choice, and we will provide the details here. No Loss of Control The … [Read more...] about Shared Living Trust: Ideal for Certain Couples
