Cryptocurrency has become increasingly popular as a form of investment in recent years. More and more established financial institutions recognize cryptocurrency and allow its use. As cryptocurrency … [Read more...] about Living in a Digital World and the Importance of Planning for Cryptocurrency
There are targeted estate planning solutions that can be used as a response to just about any situation that may arise. One of them is the qualified domestic trust (QDOT), and we will provide the … [Read more...] about QDOT: An Estate Tax Solution for Noncitizen Spouses
Everyone has heard of the simple will, but there are alternate transfer methods that you may not be aware of as a layperson. We have been providing explanations of the possibilities, and in this … [Read more...] about Pros and Cons of Life Estates
A well-constructed estate plan will be holistic in nature. If you take the right steps, you can assert your choices and simplify things for your loved ones during a time that will be very difficult … [Read more...] about Assert Your Final Arrangement Preferences
There are a couple potential changes in the tax laws on the table right now, and one of them is the step-up in basis that applies to inherited appreciated assets. We will explain this scenario first, … [Read more...] about Stepped-Up Basis Is Under Siege
The man looks at his children and says, “Someday, all this will be yours.” This is a common theme, but are you sure that your children really want your belongings? You may want to think twice when … [Read more...] about Estate Planning: Don’t Assume Your Children Want Your Stuff
People sometimes absorb information that is incomplete, and they come away with false impressions. This definitely applies to certain estate planning and elder care details. With this in mind, we … [Read more...] about Do You Lose Your Home If You Apply for Medicaid?
A lot of people that do not have estate plans in place say that they know they should take action, but they don’t know where to start. If you answer the questions in this post, an estate planning … [Read more...] about Answer These Questions to Shape Your Estate Plan
When you plan your estate, you record your wishes with regard to the way you want your assets to be transferred after you pass away. Everyone is aware of this element, but it is also important to … [Read more...] about What Is a Fiduciary Relationship?
The federal estate tax can have a significant impact on your legacy if it will be levied on your estate, because it carries a 40 percent top rate. However, it is only a factor for people that have … [Read more...] about Can You Use Lifetime Gift Giving to Avoid Estate Taxes
