3 Powers to Consider Giving to a Trust Protector
Including in your trust a trust protector who will have the ability to make necessary adjustments to the trust provisions as circumstances, beneficiaries, and governing laws change is important.
Plan Smart, Live More: Test Your Estate Planning IQ!
Think you know everything there is to know about estate planning? Having a solid understanding can make a huge difference for you and your loved ones. Test your knowledge with […]
Your Family Is Not One-Size-Fits-All; Your Estate Plan Shouldn’t Be, Either
What comes to mind when you think of the typical American family? Today’s families take many different forms: Some are blended through divorce and remarriage while others are built through […]
Have You or Your Loved Ones Used These Excuses to Avoid Estate Planning?
We all have those nagging to-do items that never seem to make it to the top of our list, even though we know how important they are. Maybe it is […]
National Centenarians Day: Planning for a Longer Life (and Legacy)
Who wants to live to be 100? That depends on who you ask. Whatever the answer, one thing is clear: The odds of reaching that milestone are rising, along with […]
Stepfamily Day: Smart Estate Planning for Blended Families
Happy National Stepfamily Day to all who celebrate it! Amid shifting family structures, there is a good chance that you are part of a stepfamily—or know somebody who is—which makes […]
Happy National 401(k) Day!
Bookending the first week of September with Labor Day is a less recognized holiday that may not get much national attention but should if you are planning for your future: […]
Undoing an Irrevocable Life Insurance Trust: Options and Alternatives in a Changing Estate Tax Landscape
The irrevocable life insurance trust (ILIT) has long been a staple of estate planning. However, due to the dramatic rise in the federal lifetime gift and estate tax exemption over the past few decades, ILITs are losing some of their luster.
Planning for Real Estate in a Foreign Country
Living abroad is very different from spending a few weeks there. In addition to the challenges of adapting to a foreign culture, prospective buyers must be aware of the financial, legal, and tax implications of buying real estate abroad before signing the dotted line.
Estate Planning for Military Families
It is always good for members of the military and their loved ones to create or revisit their estate plan. Military families face unique estate planning considerations that others do not, especially when a family member is deployed overseas or receives a temporary duty assignment. In addition, service members have access to special benefits and resources that can add complexity to the planning process, so seeking guidance if you are a military family is important.