Choosing a Guardian for Your Minor Children

There is no question that having children changes everything -- and estate planning is no exception. If you and your spouse pass away or become legally incapacitated, and arrangements were never made in the event of such an emergency, your minor child or children will have to be placed with a new family. Not surprisingly, such

October 23rd, 2018|

Year End Tax Planning

While the end of the year is not quite here yet (but rapidly approaching), now is an opportune time to take a moment and start your year-end tax planning for 2018. This is particularly necessary this tax year because of the changes to the tax law that became effective in 2018. As a result of the

October 23rd, 2018|

Are Beneficiary Designations Enough?

Many clients use beneficiary designations, and for good reason. Some significant assets, including life insurance policies, IRAs, retirement plans and even bank accounts, allow a beneficiary to be named. It’s free, it’s easy, and, when the owner dies, these assets are designed to be paid directly to the individual(s) named as beneficiary, outside of probate. But

August 7th, 2017|

Asset Protection and Your Estate Plan

Much of estate planning has to do with the way a person’s assets will be distributed upon their death. But that’s only the tip of the iceberg. From smart incapacity planning to diligent probate avoidance, there is a lot that goes into crafting a comprehensive estate plan. One important factor to consider is asset protection.  

April 20th, 2017|

Gift Tax

The recent tax legislation dealing with the "fiscal cliff," included significant revisions to the estate tax law that will affect estate planning for the foreseeable future. These revisions include: * The federal gift, estate and generation-skipping transfer tax provisions were made permanent as of December 31, 2012. This is great news because, for more than ten years,

March 16th, 2017|Tags: |

Estate Tax

The recent tax legislation dealing with the "fiscal cliff",  included significant revisions to the estate tax law that will affect estate planning for the foreseeable future. These revisions include: * The federal gift, estate and generation-skipping transfer tax provisions were made permanent as of December 31, 2012. This is great news because, for more than ten

March 16th, 2017|Tags: |