One of the biggest misconceptions about estate planning is that it’s only reserved for older adults who are nearing the end of life. In reality,
In this digital age, passwords, electronic banking information, and other digital assets have become an important part of estate planning in the 21st century. With
Estate planning is an important process that allows individuals to plan for the distribution of their assets after they pass away. However, many misconceptions surrounding
Owning a yacht is a dream come true for many people. However, while it’s an investment that brings immense joy, it also requires significant effort
Celebrities! They’re just like us! Well, in some ways, at least. Even the rich and famous aren’t immune from mistakes and oversights that can cause
ASK AN ESTATE PLANNING ATTORNEY Hey Anxious, I understand the frustration one develops when reaching a lender, especially when still dealing with the loss of
This is the second in a three-part series on the taxation of trusts. The first part reviewed how a trust can be “substantially owned” by
This is the first in a three-part series on the taxation of trusts. The first part reviews how a trust can be “substantially owned” by
The current estate tax exemption is $11.7 million. This is a record high. The “permanent” exclusion is $5 million and is adjusted for inflation from
All of us face difficulties and tragedies in our lives. Some of these difficulties are expected and some are unexpected. 2020 was a year of
When deciding how to split your assets among your children at death, there are many different factors to consider. Equality is certainly one of those
Clients spend lots of time, money, and energy planning their estates. Estate Planning attorneys help them by counseling these clients and preparing various documents to
