Since you are taxed at every turn throughout your life, you may assume that inheritances are subject to taxation. This is one of the rare instances when there is good news to report about the reach of … [Read more...] about Do You Pay Capital Gains Tax on Inherited Assets?
The Sandwich Generation is torn between care-taking responsibilities for their minor children and their elderly parents. But first, they need to make sure they take care of themselves. Read more from … [Read more...] about Planning for the Sandwich Generation
Most people do not look into the subject of estate planning very thoroughly, so they often make assumptions that are not accurate. One of them is the idea that you have to settle for limitations with … [Read more...] about A Look at Two Advanced Inheritance Planning Strategies
Our firm has always been very friendly to members of the LGBT community, and until relatively recently, estate planning was particularly important for this segment of society. This is because of the … [Read more...] about Edith Windsor Changed LGBT Estate Planning
Most of us have an idea whom we’d choose to receive our assets at our death. But often we don’t contemplate what should happen if the people whom we’ve selected die before us. Read this article from … [Read more...] about Whom Do You Want to Get Your Assets?
On January 26th, some horrific news came out of Calabasas, California. A Sikorsky S-76B helicopter that was carrying basketball great Kobe Bryant and his daughter Gianna crashed. Seven others were … [Read more...] about Estate Planning Takeaway From Bryant Tragedy
We sometimes have clients approach us seeking advice with regard to damage control. They are in difficult positions because of the estate planning mistakes that were made by family members that passed … [Read more...] about Steer Clear of These Estate Planning Mistakes
Many people assume that trusts are only for people who are multimillionaires. A Last Will can seem like the only logical choice for “the rest of us.” In reality, there are different types of … [Read more...] about Four Compelling Reasons to Use a Living Trust
The process of estate planning is often looked upon as a purely financial endeavor. You create a will or trust to facilitate asset distributions, and the job is done. This is one way to look at it, … [Read more...] about Legacy Planning: Gifts From the Heart
Joint tenancy is a commonly used form of ownership between two or more people. It can be an easy solution. However, it can have drawbacks. Read this blog from The American Academy of Estate Planning … [Read more...] about Joint Tenancy Pros and Cons