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What’s the Estate Tax Exemption for 2021?

The federal estate tax exemption is going up again for 2021.

Posted on: December 4, 2020

No Time Like the Present Pandemic to Get the Estate Plan Going

There’s nothing like a once-in-a-lifetime global pandemic to focus one’s thinking. This year has been one for the books.

Posted on: December 3, 2020

Does My Business Need a Power of Attorney?

As a business person you may have seen the term "durable power of attorney" in several situations. Power of attorney is a strange term because it's not immediately clear what powers an attorney for the business may have.

Posted on: December 2, 2020

What Is Purpose of an Irrevocable Life Insurance Trust?

Death and taxes may be certainties of life, but how much tax your family pays upon your death is still within your control to a certain degree.

Posted on: December 1, 2020

The Importance of a Will

There’s much to plan for in life—college, your wedding, your first child, life insurance—and with more than enough to keep you busy, it’s easy to forget about your will.

Posted on: November 30, 2020

Stretch Out IRA Distributions, Even Without ‘Stretch’ IRA

The SECURE Act killed the stretch IRA but instead of mourning, advisors can help clients make up the loss.

Posted on: November 27, 2020

How Do Joint Accounts and Beneficiary Designations Work in Estate Planning?

Remember that a will goes through probate, so a husband and wife typically try to avoid it by using joint ownership or beneficiary designations. However, they’re often mistaken by believing the will still controls their estate.

Posted on: November 26, 2020

What Key Estate Planning Terms Should I Know?

Estate planning is an incredibly important tool, not just for the uber wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do.

Posted on: November 25, 2020

Make Sure Your Estate Plan Protects Digital Assets

Do you have accounts, records or information that are accessed using your mobile phone, through an internet connection, or by using a keyboard or through a touch-screen or tablet?

Posted on: November 24, 2020