Some Expenses are Paid by Estate and Some by Beneficiary
Settling an estate can be complex and time-consuming—it all depends on how much “estate planning” was done….
These Celebrities Didn’t have Wills…But You Should
Rapper Coolio died at age 59 after being found unresponsive on the floor at a friend’s house….
How Does Guardianship Work?
For family members of the estimated 6.5 million dementia patients in the U.S., it is crucial to…
How to Use Qualified Charitable Distributions in Estate Planning
Assets held in Individual Retirement Accounts (IRAs) are unquestionably the best assets to gift to charity, since…
Beneficiary Mistakes to Avoid
Planning for one’s eventual death can be a somber task. However, consider what would occur if you…
How Does a Trust Work?
You’ve worked hard to accumulate financial assets. You’ll need them to support your retirement. However, what if…
High Interest Rates Have an Impact on Estate Planning
The Section 7520 rate has been low for the past 15 years and presented many opportunities for…
What Happens When Gift and Estate Tax Exemptions Change?
The federal lifetime gift and estate tax exclusion will increase for inflation in 2023 to $12.93 million….
What Is Included in an Estate Inventory?
The executor’s job includes gathering all of the assets, determining the value and ownership of real estate,…
What Is a Digital Asset for Estate Planning?
Most of us don’t even realize just how much of our life is lived online, from streaming…