Tag: Estate Planning

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

In estate planning, one unique tool is a family limited partnership (FLP). An FLP allows you to manage and protect your wealth while gradually transferring it to your children or

Estate planning for intellectual property is an important consideration when intangible assets make up a meaningful portion of overall wealth. While estate plans often focus on real estate, investments and

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