Estate Planning
What Is a ‘Step-Up’ in Basis in Estate Planning?
The “step-up” in basis has to do with the calculation of the capital gains on the sale of property.
August 8, 2023
Asset Protection
What are the Basics of Trusts?
When you think of a trust, you may have visions of contentious family gatherings in an attorney’s office after the death of a patriarch or matriarch. And sure, why not add sibling rivalries on par with the Roy family of Succession fame to keep things interesting?
August 7, 2023
Estate Planning
What are the Benefits of Making a Living Trust?
There are some significant benefits of creating a living trust.
August 4, 2023
Estate Planning
How Does Portability Work in a Second Marriage Estate Plan?
The family’s attorney and family office advisors should exercise caution in a marriage in which there are children from a prior marriage or other nonstandard family situations.
August 3, 2023
Asset Protection
What Happens to Digital Assets on Death?
If you haven’t properly accounted for these things, your heirs may not be able to access these assets when you’re gone.
August 2, 2023
Estate Planning
Who Pays Taxes, the Estate or Heirs?
The heirs of an estate can be liable to pay the estate or income taxes (and perhaps other obligations) of the estate.
August 1, 2023
Asset Protection
Plan for Expiration of Tax Cuts and Jobs Act
This sunsetting creates a big imperative for business owners to take a closer look at tax planning, and not treat a grim fiscal inevitability like another unfortunate surprise.
July 31, 2023
Asset Protection
Estate Planning for Today’s Modern Blended Family
The modern blended family has far more needs when it comes to estate planning than a traditional family. Here are some challenges, tips and solutions.
July 28, 2023
Estate Planning
What Are My Elder Care Options?
The time to start researching elder care facilities, experts recommend, is before you need one. There are numerous options for elder care, and you don’t want to be caught flat-footed in the event of an unexpected health crisis. Those sudden situations can force you to make a quick decision without the knowledge to make an informed choice.
July 27, 2023
Estate Planning
What Are the Consequences of Dying Intestate?
If you die intestate, this means that you died without a valid will in place.
July 26, 2023