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Is It Important to Have a Power of Attorney?

While we are alive, we can clearly make our own decisions. Unfortunately, one day you may find yourself in a situation where you cannot make your own decisions. Such situations occur most often in accidents, illnesses (physical or mental) and simple aging situations.
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What Is the Role of the Estate Executor?

At some point in your life, there’s a good chance you’ll be tasked with acting as the executor of an estate.
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Estate Planning in Changing Times.

Taxpayers should, of course, carefully consider whether to engage in a lifetime gifting strategy, which has other considerations beyond just estate taxes (such as the tradeoff with the ‘step‑up’ in basis, and non-tax family related considerations).
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Can Grandchildren Inherit Some of your Estate?

What if parents have wills and their contingent beneficiaries are their two adult children. If one of the adult children dies before the parents, who gets that contingent beneficiary’s share?
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Does a Trust Protect You From a Lawsuit?

Trusts can provide certain benefits for estate planning, including asset protection. But can you sue a trust?
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Can I Change My Estate Plan During Divorce?

At such an emotional time, more paperwork is probably the last thing you want on your to-do list. However, taking a few key steps is critical to your financial future.
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Is Estate Tax Exemption Going to Change?

The new numbers mean that wealthy taxpayers can transfer more to their heirs tax free during life—or at death. A lot more.
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How to Approach Parents about Estate Planning

If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. However, because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off—and even more pleasing to avoid them altogether.
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Is Estate Planning Really That Important?

Over 50% of our adult population (120 million adults) neither have nor realize the significance of having an up-to-date estate plan to protect themselves and their family’s assets. Mountain Times’ recent article entitled “Do you need an estate plan?” explains that estate and gift planning is a process that can protect you and your family.…
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Do I Need a Living Trust?

What Is a Living Trust?
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