Category: Estate Planning

For those with estates large enough that gift and estate taxes are a concern, grantor retained annuity trusts (GRAT) can be valuable estate planning tools. A GRAT allows you to

The assumption that estate plans are only for those who are older or have substantial wealth is commonly made by many parents. But, once your child turns 18, things can

Based on changing circumstances, powers of appointment allow a trusted individual, considered the “holder,” to adjust how assets are distributed after your death. Marriages, births, financial needs, tax laws, or

The substantial cost of long-term care (LTC) is one of the greatest risks to your estate plan. Services such a nursing home stays or home health aides can very quickly

If you hold assets overseas such as real estate, foreign bank accounts, or investments in international markets, its essential to properly address these foreign assets when estate planning. If not,

Estate planning is not an easy task. Especially since it has a language of its own. Some terms such as “will” or “executor” may sound familiar but beyond that, you

For individuals and families who want to simplify their charitable giving while also being tax efficient, donor-advised funds (DAFs) have become increasingly popular. The total number of DAF accounts reached

Estate planning no longer solely addresses physical property and financial accounts in today’s digital world. Your estate plan must now account for all your digital assets as well. Assets such

There are two types of trusts that can be used together in your estate plan to support your favorite charity and leave a legacy for your family all at the

If your estate is large enough that estate taxes are a concern, it’s important not to own your life insurance policy at the time of your death, even if it