Have You Chosen The Right Trustee? What's The Difference Between A Trust & A Trustee Whether you are reviewing your existing trust or creating a new trust, you should understand the important role that a trustee plays not only in handling trust matters but also in providing for and protecting your loved ones. What [...]
Why The Knives May Come Out At Death Lessons On Estate Planning To Avoid Family Problems The box office success of the 2019 murder mystery Knives Out led to franchise status, with Glass Onion, the first sequel, released in late 2022. The original Knives Out featured whodunit intrigue surrounding the murder of a wealthy [...]
Three Things You Need To Do When Your Spouse Dies What To Do If Your Spouse's Will Or Trust Has A Disclaimer Provision Losing your spouse is one of the most difficult things you might face in life. Although it is important to take time to grieve, there are also some crucial steps you [...]
The Deceased Spouse’s Unused Exemption Amount: A Spouse’s Final Gift Spouses often work together to build wealth for themselves and their children. Congress recognized this by enacting the gift and estate tax portability election as part of the 2010 Taxpayer Relief, Unemployment Insurance Reauthorization, and Job Creation Act and making it permanent in the [...]
Have You Thought Through Your Retirement Plans? Crucial Factors To Consider When Planning Your Retirement Beginning your retirement is a great milestone that is worth celebrating. You have put in many years of hard work, and you are now able to focus your energy on the next phase of your life. However, before you [...]
Spring Break Checklist After a long, cold winter, many of us—from the young to the more mature—are ready to make plans for spring break. As your client’s trusted advisor, you can provide valuable reminders to clients who will travel to take advantage of warmer weather and those who will enjoy their spring break at [...]
What You Need To Know About Beneficiary-Controlled Trust The Pros & Cons Of Creating A Beneficiary-Controlled Trust Would you like to provide your children or loved ones with an inheritance but protect them from the risks that may accompany a large windfall? If so, you can create a beneficiary-controlled trust in which the person [...]
Help Clients Plan For A Great Spring Retirement Planning Update Although we are still in the midst of winter, spring is on its way. As you remind clients about April deadlines for retirement contributions and required minimum distributions (RMDs) and meet with them to discuss their retirement planning, keep the following recent developments in [...]
Pros & Cons Of A Family Limited Partnership Is A Family Limited Partnership A Good Solution For You? Owning your own business or investment portfolio can be incredibly rewarding. However, to preserve the fruits of your labor and dedication, you must do everything you can to protect it. Whether you seek to protect yourself, your [...]
What Jerry Lee Lewis's Estate Plan Could Look Like Analyzing Estate Planning Scenarios In Relation To The Lewis' Estate Jerry Lee Lewis passed away in October 2022, leaving behind a long legacy, a large family, and a multimillion-dollar estate. Celebrities can give us a glimpse into lifestyles beyond our wildest dreams. But celebrities face many [...]
