Tag: Estate Planning

You may be wondering whether you’re required to file a gift tax return if you’ve given a significant financial gift to a family member. Even if no tax is due,

Having an estate plan helps make sure your final wishes are clearly documented and respected, even if you’re single and have no children. Estate planning isn’t solely about passing assets

In your estate plan, life insurance plays a vital role because its proceeds can provide for your family in the event of your untimely death. And for wealthier families, life

A popular estate planning tool that allows you to manage your assets during your lifetime and can assist in having a smooth transfer of those assets to your family after

If you’re a charitably inclined individual, your estate plan is the perfect place to make charitable gifts. One tool to consider using is a donor-advised fund (DAF). What’s the main

An inheritor’s trust is a special estate planning tool designed to protect and manage assets you pass to a beneficiary. Asset protection is one of its primary advantages because it

Does your estate plan leave specific assets to certain family members? If so, it could be wise to reconsider your plan. While it may be tempting to say, leave your

For people who live in states with high income taxes, it’s not uncommon for them to relocate to states with more favorable tax climates. With certain trusts, you can use

In traditional estate planning strategies, it’s generally assumed that all family members involved are U.S. citizens. However, if you or your spouse is a noncitizen, special rules apply that require

If you’re the parent of a newborn, toddler, or older child, you may be thinking about naming a guardian for them. If you have many choices or, on the other