Dec 12, 2019 | Estate Planning, Uncategorized
Estate Planning: Naming a Beneficary of a Life Insurance Policy December 19, 2019 Life insurance can be a powerful financial and estate planning tool, but its benefits can be reduced or even eliminated if you designate the wrong beneficiary or fail to change...
Dec 9, 2019 | Estate Planning, Uncategorized
Estate Planning: Reduce Your Taxable Estate December 12, 2019 With the lifetime gift and estate tax exemption at $11.40 million for 2019 ($11.58 million for 2020), you may think you don’t have to worry about gift and estate taxes. However, there are no guarantees that...
Dec 4, 2019 | Estate Planning, Uncategorized
Estate Planning: Don’t Be Afraid of Probate December 4, 2019 Defining Probate In basic terms, probate is the process of settling an estate and passing legal title of ownership of assets to heirs. If the deceased person has a valid will, probate begins when the...
Nov 26, 2019 | Estate Planning, Uncategorized
How to Choose a Guardian for Your Child November 27, 2019 If you have minor children, arguably the most important estate planning decision you need to make is choosing a guardian for them should the unthinkable occur. If you haven’t yet made this...
Nov 12, 2019 | Estate Planning, Uncategorized
Don’t Worry! A Broken Trust Can be Fixed November 21, 2019 There are good reasons why estate planning advisors recommend you revisit and, if necessary, revise your estate plan periodically: changing circumstances, including family situations and...
Nov 12, 2019 | Estate Planning, Uncategorized
The Net Investment Income Tax : How it Can Affect Your Estate Plan November 13, 2019 The Tax Cuts and Jobs Act (TCJA) reduced individual income tax rates, but it left the 3.8% net investment income tax (NIIT) in place. It’s important to address the NIIT...
