Estate Planning Blog

Thorough communication with heirs about values and various elements of your estate plan could help younger generations better manage their inherited wealth.

Inheriting a pre-tax IRA may be less beneficial than the parent intends.

But if you're new to Social Security, it's important to know what to expect. Here are a few aspects of the program you should be aware of.

The fact that many baby boomers lack the robust pension and Social Security benefits enjoyed by their predecessors underscores the importance of working with an elder law attorney to plan for financing long-term care and guarding existing assets as they age.

In a season of economic unease, inflation, and changing state laws, strategies like trusts, trust protectors, and a clear purpose statement in your estate plan ensure that your assets and values transfer according to your wishes.

The terms ‘revocable trust’ and ‘living trust’ are commonly heard in an estate-planning context. You may hear people say, ‘My house is in trust for my children,’ or something along those lines.

Often clients are anxious to make annual gifts with the mistaken belief that their heirs will pay a tax at their death.

Wealthy taxpayers are hurrying to use the increased estate tax exemption amount before it potentially expires at the end of 2025.

Medicaid Asset Protection Trusts (MAPTs) are a strategic way to qualify for Medicaid benefits and to preserve your assets. This blog explores how MAPTs work and their benefits.

Plan your asset transfers and tax-free gifting before December 31, 2025, to take advantage of the 2017 Tax Cuts and Jobs Act's higher exemption amounts. Most of the TCJA's tax-related provisions will revert to the provisions in place before the TCJA was enacted.