Asset Protection
Estate Planning and Your Second Home: What Should You Know?
Thinking of buying a second home? Beware of real estate pitfalls when purchasing your vacation house.
July 1, 2024
Estate Planning
Unraveling the Mystery of Trusts: What Your Estate Planning Attorney Wishes You Knew
Understanding trusts and their tax nuances can empower you to make informed decisions regarding the type of trust you choose for your estate planning purposes.
May 6, 2024
Elder Law
Estate Planning Strategies to Care for Aging Parents
An estate plan with wealth preservation, long-term care and medical directives strategies provides clarity and guidance to loved ones on aging parents’ wishes, while retaining control for aging parents over financial and health-related matters.
May 1, 2024
Asset Protection
Maximizing Your Legacy: 2024 Estate Planning Opportunities
Use tax season to review income and expenses from 2023 and set new financial goals for 2024 to maximize opportunities.
April 8, 2024
Estate Planning
Will My Family Need to Pay an Estate Tax?
In 2024, the federal estate tax ranges from 18% to 40%, depending on how much the value of the estate exceeds the current exemption limit of $13.61 million.
April 4, 2024
Estate Planning
When was Your Last Estate Plan Check-Up?
Like your preventive doctor visits, you should regularly check in on your estate plan to ensure that it’s in good shape for when it’s needed.
March 15, 2024
Estate Planning
What are the Rules for Inheriting an IRA?
Know what to expect if you inherit an IRA and how to establish a plan for taking distributions.
February 13, 2024
Estate Planning
What Questions Should You Ask an Estate Planning Attorney?
Estate planning is not as simple as executing a will.
February 9, 2024
Asset Protection
How to Liquidate Assets after a Loved One’s Death
The loss of a loved one is a difficult time, often compounded by the necessity of addressing estate settlement and the liquidation of assets. In this guide, we’ll explore the key steps involved in liquidating assets after death, focusing on estate settlement processes and related legal considerations. Understanding the Role of…
February 6, 2024
Asset Protection
Navigating the Financial Journey to a 100-Year Life
In an era where living to 100 is becoming increasingly likely, financial planning for retirement takes on a new level of complexity. The Yahoo Finance article, “Retirement Planning: Here’s How Much You’ll Need To Save If You Live to 100”, offers a comprehensive look at this challenge, highlighting the need for a radical shift in our approach to life and financial planning. Understanding the Longevity Revolution The “longevity revolution” concept discussed by Laura L. Carstensen, director of the Center for Longevity, suggests a significant societal shift. This revolution impacts various aspects of life, including health care, personal finance and retirement…
January 22, 2024