When it comes to estate planning, one of the more nuanced tools available is a quiet trust (also known as a “silent” trust). Unlike a traditional trus...
If you’re considering opening an investment account for your minor child or grandchild to help him or her save for the future, a custodial account can be...
For family business owners, an estate plan and a succession plan often work in tandem, ensuring that both personal and business affairs transition smoothly...
Make no mistake, serving as an executor (or a “personal representative” in some states) is an honor. But the title also includes significant responsibi...
As its name suggests, a living trust (also known as a revocable trust) is in effect while you’re alive. It’s a legal entity into which you title assets...
As the federal gift and estate tax exemption increases, the number of families affected by gift and estate tax liability decreases. With the passage of the...
Including a letter of instruction in your estate plan is a simple yet powerful way to communicate your personal wishes to your family and executor outside ...
Incorporating charitable giving into your estate plan can be a thoughtful and strategic way to support causes you care about while also achieving estate pl...
Ever since the Tax Cuts and Jobs Act (TCJA) was signed into law in 2017, estate planners have had to take into account a looming date: January 1, 2026. Whi...
An inheritor’s trust is a specialized estate planning tool designed to protect and manage assets you pass to a beneficiary. One of its primary advantages...
