Family Businesses Would Be Wise To Consider IRC Section 6166
It’s true that because of the current record-high gift and estate tax exemption amount, most families don’t have to worry… Read More
Tag: Trusts & Estates
Does Your Family Situation Call for a Spendthrift Trust?
You’ve likely spent most of your adult life accumulating wealth that you intend to eventually pass on to your loved… Read More
QTIP Trust: Strange Name, Powerful Trust
Granted, a QTIP trust is an odd sounding name for an estate planning technique. Nevertheless, it can be a valuable… Read More
Estate Planning Pitfall: You Haven’t Coordinated Your Estate Plan With Your Spouse
Estate planning can be complicated enough when you don’t have a spouse. But things can get even trickier for married… Read More
Net Gifts – A Gift-Giving Technique That Makes Sense in Certain Situations
Lifetime giving is a smart strategy to reduce your taxable estate. However, if you’ve exhausted your $12.06 million federal gift… Read More
Why Contingent Beneficiaries Matter
Your will is the foundation of your estate plan. Notably, it provides for the disposition of your worldly possessions, including… Read More
Need to Make a “Quick Fix” to Your Will?
Executing a codicil may be the answer For most people, the first step in estate planning is to create a legally… Read More
Small Business Owners May Qualify For The Special Use Valuation Method
The need for estate planning is essential for small business owners who have most of their personal fortune tied up… Read More
Estate Planning Pitfall: You’ve Overlooked Digital Assets in Your Estate Plan
Traditionally, an estate plan addresses the tangible assets you own, such as cash and securities, investment real estate, vehicles, and… Read More
Decisions, Decisions: Many Factors Go Into Deciding When to Transfer Wealth
A critical estate planning decision is whether to transfer wealth during your lifetime or keep your assets in your estate… Read More
