Estate Administration
What’s the Estate Tax Exemption for 2021?
The federal estate tax exemption is going up again for 2021.
December 16, 2020
Asset Protection
What Trusts Choices Are Available for Estate Planning?
Trusts are an essential part of most estate plans, even the plans of people with moderate wealth. You need to know the basics of trusts, especially the key terms and concepts of the most widely-used types of trusts.
December 12, 2020
Asset Protection
The Biggest Mistake in Trusts: Funding
Your real estate holdings, life insurance, bank accounts and retirement savings won’t magically flow into your trust.
December 10, 2020
Asset Protection
Make Sure Your Estate Plan Protects Digital Assets
Do you have accounts, records or information that are accessed using your mobile phone, through an internet connection, or by using a keyboard or through a touch-screen or tablet?
December 9, 2020
Advanced Directives
Retirement Account Beneficiary Choices and Your Estate
It is surprisingly easy and common to make mistakes when designating beneficiaries on retirement and investment accounts.
December 8, 2020
Asset Protection
Do Joint Accounts & Beneficiary Designations Work?
Remember that a will goes through probate, so a husband and wife typically try to avoid it by using joint ownership or beneficiary designations. However, they’re often mistaken by believing the will still controls their estate.
December 7, 2020
Business Formations
Samsung Chairman’s $20.7 Billion Fortune?
The heirs of Samsung Electronics Co. Chairman Lee Kun-hee, who died Sunday, could face billions of dollars in inheritance taxes. However, that doesn’t necessarily mean they’ll have to cede control over the group by selling shares.
December 5, 2020
Business Succession
What Can I Do to Catch Up on Retirement Savings?
Are you among the millions of workers who have fallen behind on retirement savings?
December 2, 2020
Estate Administration
What are the Responsibilities of a Trustee?
A trustee is a manager of assets in a trust. The grantor creates the trust and appoints the trustee. A trustee has a ‘fiduciary duty’ to serve the grantor and not benefit personally.
December 1, 2020
Estate Administration
Does Your Inherited House have a Mortgage?
What happens if you inherit your loved one’s home? What if they still have payments to make on their mortgage?
November 30, 2020