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Pat Robertson's Large Estate

September 13, 2023
The conservative religious leader and televangelist leaves behind a considerable estate and various nonprofit organizations.
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When to Choose Lady Bird Deeds?

September 12, 2023
As Lady Bird deeds grow in popularity, it is important to discuss and understand the benefits and limitations of these deeds.
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How to Choose an Executor?

September 11, 2023
Have you found an executor (also known as a personal representative) to handle your affairs should you become incapacitated or die?
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Can I Cancel Irrevocable Trusts?

September 8, 2023
Before pulling the plug on an irrevocable trust, it’s important to consider several factors like the potential tax consequences and possible alternative solutions.
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Can Ink Blobs Wreck an Inheritance?

September 7, 2023
A judge in Australia ruled that a 75-year-old man had died without a will after the names of his beneficiaries were obscured by black ink on the document, according to a recent court filing.
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Deceased Spousal Unused Exclusion Portability Deadline?

September 6, 2023
Revenue Procedure 2022-32 (2022-30 IRB 101) became effective on July 8, 2022. This guidance issued by the IRS allows certain taxpayers an extended amount of time (five years) to make a ‘portability election’ regarding estate and gift taxes.
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Minimize Family Feuds about Inheritance

September 5, 2023
The distribution of wealth among beneficiaries through your final will and testament is often a complex and sensitive issue, one that can potentially spark conflicts and legal challenges among family members.
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Selling Inherited Estate to an Heir?

September 4, 2023
We have a situation where both of my in-laws passed away in the last several years. My wife was the daughter and she and her brother are the executors to the last of my in-laws to pass away.
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Estate Planning Needed for Parents?

September 1, 2023
Don't put it off any longer.
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IRS Rules for Inherited IRAs

August 31, 2023
Before the original SECURE Act, IRA owners who died were able to leave their accounts to their children, grandkids, or other non-spouse individual beneficiaries, and heirs could stretch required minimum distributions (RMDs) over their own lifetimes, thus allowing the funds in the accounts to grow tax-free for decades.
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