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August 2, 2017
August 2, 2017
July 31, 2017
July 31, 2017
July 18, 2017
July 18, 2017
July 17, 2017
July 13, 2017
July 5, 2017
When you create an estate plan, you are taking a major step in protecting your family. You are creating a plan that goes into effect should you pass away or become incapacitated. This planning can take away a lot of confusion and fighting amongst your loved ones, it ca...
June 19, 2017
With a QPRT, you lock in the value of your home, for gift and estate tax purposes, at a highly discounted value. These types of trusts might not be for every homeowner, but, for wealthy families a QPRT is an investment that can create huge future savings.
May 20, 2017
Charitable Lead Trusts are not for everyone, but for the right client these trusts can generate huge tax savings. In this article, we will go though the various options for Charitable Lead Trusts and give the risks and rewards, so you can decide which type is right for...
April 3, 2017
Many clients would like to give a significant amount of assets to charity. While they make donations to charitable causes on a yearly basis, they cannot give the amounts that they would like to because they must make sure that they can provide for themselves and their...
March 20, 2017
One common trust that people use for estate planning is the Irrevocable Life Insurance Trust (ILIT). At its most basic, this is an irrevocable, un-amendable trust that a grantor funds with a life insurance policy. The grantor names the trust as the beneficiary of the l...
March 7, 2017
A Crummey Trust, named after the 1968 court case, Crummey v. Commissioner, 25 TCM (CCH) 772, gives a grantor the ability to transfer assets to beneficiaries, (usually minor children) in a way that allows the grantor to maintain some control while avoiding gift and esta...
February 27, 2017
February 23, 2017
Trusts are a valuable part of an estate plan. They are artificial entities that are set up to accomplish more complex goals than simple estate planning documents can accomplish. Trusts for estate planning can be broken up into two general categories, living or testamen...
February 17, 2017
In our previous article we began a discussion on good times to begin an estate plan. (Click here for Part 1 of this article) In that article we talked about the value of estate planning while in a long term relationship or after getting married. In this article we will...
November 21, 2016
No book, article or video can tell you exactly what you need to plan your estate. There is no law that requires you to have any specific document. However, estate planning documents save you and your family time and expense in the future. If you plan now, you can avoid...
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