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 5, 2020
What Do I Do If Property I Just Inherited Has a Mortgage?
What happens if you inherit your loved one’s home? What if they still have payments to make on their mortgage? We’ll explore these and other questions you may have below.
December 4, 2020
12/3/2020 Recording of webinar, New Laws for the New Year 2021. Listen to the webinar by clicking the link https://youtu.be/JYotxtJ-Oss
December 3, 2020
No Time Like the Present Pandemic to Get the Estate Plan Going
There’s nothing like a once-in-a-lifetime global pandemic to focus one’s thinking. This year has been one for the books.
December 3, 2020
What’s the Estate Tax Exemption for 2021?
The federal estate tax exemption is going up again for 2021.
December 2, 2020
Happy Thanksgiving
May the good thing of life be yours in abundance, not only at Thanksgiving but throughout the coming year. HAPPY THANKSGIVING!
November 26, 2020
Does a Beneficiary of a Trust Have to Pay a Tax?
Beneficiaries of a trust typically pay taxes on the distributions they receive from the trust’s income, rather than the trust itself paying the tax. However, these beneficiaries are not subject to taxes on distributions from the trust’s principal.
November 25, 2020
Different Trusts for Different Estate Planning Purposes
Trusts are legal entities that own assets, and all trusts are not alike. They are created by a written trust document with certain provisions that can vary from trust to trust.
November 24, 2020
How Can I Use Estate Planning for My Small Business?
Small businesses are often caught up in growth cycles, profits and ensuring that products arrive to consumers on time. The life of a small business owner is a hectic one with many owners failing to follow basic estate planning and business law practices.
November 23, 2020
Still Procrastinating about Your Estate Plan?
Without an estate plan in place, clients will be reliant on state laws and probate courts to appoint individuals who will be responsible for financial affairs and health-care decisions, in the case of illness and ultimately the transfer of assets upon death.
November 22, 2020
