Glossary of Estate Planning Terms
Estate planning has a language of its own. While you may be familiar with common terms such as a will,… Read More
Tag: Estate Plan
Estate Planning Pitfall: You Haven’t Coordinated Beneficiary Designations With Your Will
Perhaps you drafted your will years ago and it references many of your existing assets, including retirement plan accounts and… Read More
SECURE 2.0 May Affect Your Retirement and Estate Plans
The original Setting Every Community Up for Retirement Enhancement Act (SECURE Act), enacted in 2019, was a significant law related… Read More
Does Your Estate Plan Account For Generation-Skipping Transfer Tax?
Does your estate plan call for making gifts to your grandchildren or other loved ones more than one generation below… Read More
Estate Planning Pitfall: You Haven’t Made Funeral Arrangements
No one likes to contemplate his or her own death but making funeral arrangements is a necessary evil of estate… Read More
Comparing Inter Vivos and Testamentary Trusts
Creating and adhering to an estate plan is no simple task. Generally, the end goal of estate planning is to… Read More
Has Your Buy-Sell Agreement Recently Been Updated?
A buy-sell agreement should be a critical part of your estate plan if you have an interest in a business… Read More
Gifting Made Easy: Max Out Your Annual Gift Tax Exclusion Amount
The annual gift tax exclusion amount has increased for the second straight year. The IRS raised the exclusion amount for… Read More
Who Should You Name as Your Children’s Guardian?
If you’re like most parents of young children, you’ve probably put a lot of thought into raising your kids, ranging… Read More
A Living Trust and a Pour-Over Will: Two Estate Planning Documents Working in Tandem
At the very least, your estate plan should include a legally valid will governing the disposition of assets upon your… Read More
