With most tax planning, there are certain strategies that are generally effective and should not be ignored. The same holds true for estate planning. Here are three essential estate planning
Life insurance has long provided a source of liquidity to pay estate taxes and other expenses. Even though for many families, federal and state estate taxes are not a concern,
Generally, the proceeds of your life insurance policy are included in your taxable estate. You can remove them by transferring ownership of the policy, but there is a catch: If
If you are going through a divorce, you probably feel overwhelmed by all the legal and financial items you must attend to before the marriage termination is final. These tasks
No one said estate planning is easy, and this is especially true if you have a ‘blended family.’ The good news is that there are two trust types — a
