For family business owners, an estate plan and a succession plan often work in tandem, ensuring that both personal and business affairs transition smoothly. Your estate plan can help ensure that your assets are distributed according to your wishes and
A custodial account offers a flexible way to save for your child’s future, but compare it to other options, such as education-specific savings vehicles and the new Trump Accounts.
For decades, skeptics have warned that U.S. exceptionalism is fading and the “end of the dollar” is near.
Make no mistake, serving as an executor (or a “personal representative” in some states) is an honor. But the title also includes significant responsibilities. So if a family member or a close friend asks you to be the executor of
Payable-on-death (POD) and transfer-on-death (TOD) accounts are attractive estate planning tools because they allow assets to pass directly to named beneficiaries without going through probate. This can save time, reduce administrative costs and provide your beneficiaries with quicker access to
A living trust is a powerful estate planning tool. It offers several advantages for individuals and families looking to manage their assets both during their lifetime and after death.
Estate planning is about more than just distributing assets; it’s an opportunity to reflect your values and legacy. Here are two options for making charitable contributions while creating a charitable legacy.
The One Big Beautiful Bill Act permanently makes advantageous changes to the federal gift and estate tax exemption amount. Here’s the story.
An estate planning “road map” can act as a catchall for your final thoughts. Write them down in a letter of instruction.
When moving to a new state, it’s a good idea to review your estate plan to ensure it complies with your new home state’s laws and accurately reflects your current circumstances.
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