Planning for a future of unknowns is the goal for everyone when they are crafting an effective estate plan. And when planning for how you want to distribute your assets to your loved ones, estate taxes can significantly impact the wealth you pass on. By considering a...
Inflation can have a big impact on how you structure your estate plan, and so it should be an important consideration when drafting your plan. Recently, interest rates—particularly those instituted by Section 7520—have become more important than ever. After a...
Taylor Swift’s song “Anti-Hero” reveals much about the singer’s anxieties and insecurities but buries the truth on estate planning legislation. After describing all the ways that she’s the problem (and the many ways this torments her), Swift shares, I have this dream...
If you have recently lost a loved one, you may be asking yourself what comes next. One of the first steps in settling an estate is going through probate—the legal process by which a deceased person’s assets are distributed to their beneficiaries. However, it is...
If you have a 401k or an IRA retirement plan, it can seem like the rules governing these accounts are always changing. And with the most recent piece of legislation, the SECURE (Setting Every Community Up for Retirement Enhancement) 2.0 Act, another set of rule...
A trust can be a great way to ensure that a person’s assets are managed effectively after they pass—without having to go through the laborious probate process. The actual course of administering the trust, though, is not without its own complications. While many...
