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Why Is Estate Planning So Important?

The word “estate” has always been connected to “ultra-rich” families, those with a lot to leave behind after their death. However, definitions have changed, and anyone who has anything to leave behind needs to plan their estate. “Estate planning” essentially becomes your family’s guidebook, once you are no longer in the picture. Sounds important? Definitely, and here’s why.

Posted on: June 7, 2021

What Is a Transfer on Death Deed?

Lots of people “forget” to have a will prepared.

Posted on: May 19, 2021

Can Estate Taxes Be Avoided with a Trust?

The estate tax exemption raised by the Tax Cuts and Jobs Act will sunset in five years—possibly sooner, as the new Congress gears up for a Biden tax overhaul.

Posted on: May 18, 2021

What is not Covered by a Will?

While a will is one of the most important estate planning documents you can have, there are things that a will won’t cover.

Posted on: May 13, 2021

Should Young Families have an Estate Plan?

Putting your last wishes on paper is critical to ensuring your family is taken care of when you die.

Posted on: May 7, 2021

How to Protect Digital Property

While cryptocurrency isn’t new, it’s attracted a lot of attention in the past year because of its skyrocketing value, promotion from prominent figures like billionaire Elon Musk, and bitcoin offerings from traditional financial firms like Morgan Stanley.

Posted on: May 5, 2021

What can a Power of Attorney Do—or Not Do?

The person signing the power of attorney, which gives someone else the authority to act for them, is called the ‘principal’ and the person who is given the power to act for you is called your ‘agent.’

Posted on: May 4, 2021

What Is a Living Trust Estate Plan?

While a Last Will can help ensure that one’s wishes regarding the distribution of their estate upon death are followed, it is the living trust that allows the estate to avoid probate.

Posted on: April 30, 2021