Did you know that President Biden campaigned on a promise to lower the estate tax exemption limit, and to consider abolishing the step-up in basis for capital gains tax? While it can be difficult to predict when these matters will be addressed by the Biden...
Did you know that, according to a 2020 survey, less than one-third of Americans have an estate plan in place even though almost two-thirds of Americans recognize that having an estate plan is important? The same survey reveals that the primary reason why people do not...
Did you know that there are many different types of trusts that can be used in estate planning? The type of trust that you need can depend on your goals, the nature of your assets, and the nature of the beneficiaries. With a revocable trust, the trust can be changed...
Does choosing a local estate planning attorney who can help you create an estate plan seem like an overwhelming task. With these tips, it can be easy to narrow your choices to a few qualified attorneys. Let us discuss a list of four resources for finding an estate...
Did you know that a 529 Plan may be more than just a college savings plan? It can be a useful asset for estate planning. Let us discuss three benefits to using a 529 plan as an estate planning tool. Tax-free gifts. A 529 plan allows you to give money to beneficiaries...
