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Most Important Step in Farm Succession?

Succession and estate planning is difficult and time-consuming. However, it is also a key step for a business that can grow into the future.
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ABLE Accounts vs. Special Needs Trusts

Because of astronomical costs of care and support—often more than $100,000 per year—most individuals with disabilities will need government assistance, such as Supplemental Security Income and Medicaid.
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Does Income Tax Impact Estate Planning?

Avoidance of estate taxes is one consideration in estate planning.
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How Important is an Estate Plan?

Estate planning is not just for affluent individuals. While good estate planning can lead to desirable financial outcomes under the right circumstances, estate planning in its most basic form involves implementing the legal steps and directives that are necessary to ensure that your health and your assets are managed properly in the event of incapacity and death.
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Do Young Adults Need a Will?

These days it’s easy to feel overwhelmed by many things such as politics, gas prices, the gyrating stock market, summer travel, heatwaves and your health. One thing that shouldn’t overwhelm you is estate planning.
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Did COVID Spark More Estate Planning?

The pandemic has changed how many of us view our priorities. That includes whether to craft a will.
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Can Trusts Help Create Wealth?

One type of trust, the qualified perpetual trust, can be used to pass assets down to your beneficiaries, decade after decade.
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Do You Need a Power of Attorney?

When it comes to a power of attorney document, you don't seem to need it – until you suddenly, desperately do.
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Living Wills Versus DNR Orders

Q: Is there a difference between a ‘living will’ and a ‘do not resuscitate’ order?
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Can Beneficiary Designations Be Challenged?

Retirement accounts fall into a category of assets that pass to heirs directly outside of the will and are not subject to probate. That is, if the paperwork is in order.
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