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Estate Planning Documents for Incapacity?

One of the most important estate planning documents for all persons over the age of 18 to consider is a durable power of attorney.
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When to File Gift Tax Returns

The IRS wants to know how much you’re gifting over the course of your lifetime. This is because while gifts may be based on generosity, they are also a strategy for avoiding taxes, including estate taxes, reports The Street in a recent article “Do I Need to File a Gift Tax Return?” Knowing whether you…
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Estate Planning for your Lake Cabin

Do you have a second home, summer property, or another vacation residence that your family enjoys? Have you thought about what happens to this property when you die?
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Special Needs Planning

Estate planning should always be customized to each individual creating a plan. This is particularly important when planning for beneficiaries with disabilities.
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What Is the 2022 Gift Tax?

Two years into the pandemic, countless lives have been impacted by COVID 19. Faced with daily reminders of the consequences of this illness, estate planning seems to be on the minds of many.
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How Does a Trust Fund Work?

Trust funds are an important estate planning tool. They can protect your assets while you’re alive and help ensure that you leave money to your children or other loved ones after you die.
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Are There New IRA Distribution Rules?

The Internal Revenue Service (IRS) recently issued much anticipated proposed regulations that clarify and revise some of the required minimum distribution (RMD) rules for qualified plans (i.e., 401ks, 403bs, etc.) and individual retirement accounts (IRAs).
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Does Everyone Need a Living Trust?

If you’re putting together an estate plan, you have no doubt heard about the benefits of a living trust.
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Passing Down Your Family Vacation Home

These vacation homes may also comprise a significant portion of the family’s wealth. Therefore, it’s understandable that homeowners want to pass their properties and family traditions to future generations.
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Estate Planning for out-of-state Property.

When it comes to owning property in two different states, you may wonder how to manage these in your estate plans.
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