An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves your purposes? Is it too late to…Read More
Archive for the ‘Estate Planning’ Category
-
If charitable giving is part of your estate plan, consider a donor-advised fund
Do you make sizable gifts to charitable causes? If you’re fortunate enough to afford it, you can realize personal rewards from your generosity and may be able…Read More
-
Your original will: Does your family know where to locate it?
In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it comes to your last will and testament,…Read More
-
Provide for your spouse, then your kids, with a QTIP trust
If you want to preserve as much wealth as possible for your children, but you leave property to your spouse outright, there’s no guarantee your objective will…Read More
-
Beware IRD if you’ve received an inheritance
Most people are genuinely appreciative of inheritances. But sometimes it may be too good to be true. While inherited property is typically tax-free to the recipient, this…Read More
-
4 estate planning techniques for blended families
Today, it’s not unusual for a family to include children from prior marriages. These “blended” families can create estate planning complications that may lead to challenges in…Read More
-
What estate planning strategies are available for non-U.S. citizens?
Non-U.S. citizens in the United States face some estate planning challenges when it comes to taxes. If you’re a U.S. resident, but not a citizen, the IRS…Read More
-
A total return unitrust can help maintain family harmony
A traditional trust can sometimes create a conflict between the lifetime and remainder beneficiaries. For example, investment strategies that provide growth that benefits remainder beneficiaries can leave…Read More
-
Apply for a waiver if you’ve missed the 60-day IRA rollover deadline
IRAs and employer-sponsored plans such as 401(k)s are powerful retirement savings tools, but they also provide valuable estate planning benefits. If you hold a traditional IRA for…Read More
-
Don’t overlook securities laws when planning your estate
For a variety of estate planning and asset management purposes, many affluent families hold their assets in trusts, family investment vehicles or charitable foundations. If assets held…Read More