Many people assume that a will is the right asset transfer device to use unless you have a very complicated situation. In reality, this is a misconception, because there are many different straightforward objectives that can be satisfied through the utilization of a trust of some kind. Spendthrift … [Read more...] about When Would a Trust Be Preferable to a Will?
Tax Proposals Could Alter Estate Planning Landscape
Senators Sanders and Whitehouse have introduced legislation in the Senate which would significantly alter the Estate Planning landscape. It would dramatically change the tools we use to plan for our clients. Time is of the essence. Read on to learn more. … [Read more...] about Tax Proposals Could Alter Estate Planning Landscape
Inheritance Planning for People With Disabilities
Many people look at estate planning as a one-sided affair that revolves around the decisions that are made by the person leaving the inheritances. In fact, this is half of the equation, because you should also consider the recipients when you are developing your plan. There are different asset … [Read more...] about Inheritance Planning for People With Disabilities
Review Your Estate Plan in 2021
Most people know that estate planning is important, but in spite of this, the vast majority of American adults do not have estate plans in place. Since there is so much procrastination, when they finally do take action, they put the documents away and consider it a closed matter. In reality, … [Read more...] about Review Your Estate Plan in 2021
Show Your Thanksgiving Gratitude With a 529 Savings Plan
When you think about your life’s path, you are probably grateful for the education that you have received. This is something to think about going into the Thanksgiving holiday, and from an estate planning perspective, you can pay it forward through the utilization of 529 college savings … [Read more...] about Show Your Thanksgiving Gratitude With a 529 Savings Plan
