Beneficiary
How Your Estate Is Taxed, or Not
Congress sets the amount that an individual can transfer tax-free either during life or at death. The current estate tax exemption is…
How to Give Gifts to Your Grandchildren
Gifting assets to your grandchildren can help them get a good start in life — it can also reduce the size of…
What Are the Drawbacks of Naming Beneficiaries?
Although in many situations the advantages outweigh the disadvantages when selecting beneficiaries, there are always exceptions. What Is a Beneficiary? Beneficiaries are individuals…
Inherited Retirement Accounts: Minimizing Tax Consequences
The Setting Every Community Up for Retirement Enhancement (SECURE) Act, which went into effect in 2020, changed how beneficiaries of inherited retirement…
Reducing the Risk of a Family Fight in Probate Court
Many family circumstances can increase the risk of probate litigation. High-risk factors that often bring about probate litigation can include sibling rivalry,…
Is Your Financial Information in Order?
Preparing and organizing your financial information for when you are no longer capable will bring peace of mind to you today. At…
What Does Incapacitated Mean in Elder Law & Estate Planning?
When working with an attorney to prepare for your future and address the challenges associated with aging, you will likely come across…
Estate Planning Awareness Week: Don’t Fall Victim To These Common Myths
This week is Estate Planning Awareness Week. …
Did You Choose More Than One Successor Trustee?
When selecting a successor trustee for a trust, it is common for the individual who creates the trust……
Planning Considerations for Unmarried Partners
When it comes to protecting your unmarried partner, there are several options to consider. Depending on the value of your money and…