How are Capital Gains in Irrevocable Trust Taxed?
Putting a home in an irrevocable trust may be done to protect the house from estate taxes, explains a recent article from Yahoo! Life titled “Do...
What Is the Purpose of a Marital Trust?
There are numerous benefits for beneficiaries of marital trusts, including asset allocation and tax benefits. An estate planning attorney will be...
Plan Your Estate in a Time of Uncertainty
There’s a saying in estate planning circles that the only people who pay estate taxes are those who don’t plan not to pay estate taxes. While this...
Do I Need a Spendthrift Trust?
There are situations when you want to care for your children in your will. However, you know they’d just blow their inheritance in just a few years....
What Does Sleeping with the Light On Mean?
Even just a hint of light in your room at night while you sleep might leave you staring down at a larger number on your scale in the morning,...
What are Mistakes to Avoid in Estate Planning?
Whether it’s a change in domicile, the death of a family member, new grandchildren, or a significant change in assets, it is important to make sure...
Who Should Be Your Executor?
While the executor is usually a spouse or close family member, you can name anyone you wish to be your executor. A bank, estate planning attorney,...
Can Estate Planning Reduce Taxes?
The estate tax exemption won’t always be so high. The runup in housing prices may mean capital gains taxes become a serious issue for many people....