Category: Estate Planning

A valuable asset to have in your estate is a Health Savings Account (HSA). Withdrawals from HSAs for qualified medical expenses are tax free, the funds grow on a tax

Distributing your assets after your passing is just the beginning of what a comprehensive estate plan does. It also protects your values, voice, and loved ones during a difficult time.

You may need to file a 2025 gift tax return by April 15 if you made large gifts to family members or heirs last year. It may even be beneficial

One of the most important decisions in the estate planning process is choosing an executor. An executor, whether it’s a person or institution, is responsible for carrying out your wishes,

Estate planning is often viewed as a “one-and-done” task. Many people consider it to be something you do once, and then file. Instead, you must update your estate plan as

Reducing estate taxes and helping to ensure your assets are distributed as you wish are some of the estate planning benefits of using an irrevocable trust. However, estate planning isn’t

Owning real estate such as vacation homes, rental properties, or future retirement residencies play an important role when estate planning. But, if these properties are across multiple states, there may

In 2026, the gift tax annual exclusion per beneficiary allows you to transfer up to $19,000 gift tax free without tapping into your $15 million lifetime gift and estate tax

The mechanics of a Crummey trust may seem technical, but the concept is straightforward. A Crummey trust provides a key tax benefit of an outright gift excluding some of the