» Estate Planning

A Great Estate Planning Tool - Estate Planning 101 Charitable Trusts!

A charitable trust is an irrevocable trust that allows a grantor to accomplish their philanthropic objectives while providing benefits to both charitable organizations and non-charitable organization beneficiaries. There are different types of charit… Read More

Proposed Changes to the Estate Tax Exemption

What is the Estate Tax? The estate tax is a tax on the transfer of property after a person’s death. Generally, it is determined by applying the estate tax rate to a person’s taxable estate. The taxable estate is calculated by determining a person… Read More

5 Popular Trusts and What You Should Know About Them

Trusts provide many estate planning benefits ranging from avoiding probate proceedings to managing and controlling spending and investments to protect beneficiaries from poor judgment and waste. There are different types of trusts that focus on certa… Read More

Estate Planning Considerations for Business Owners - Estate Planning 101

Estate planning for business owners is important and oftentimes overlooked. Typically, business owners, eat, breathe, and sleep “business” and seldom consider protecting their legacy which may severely impact their loyal customers, and more impor… Read More

What is the Difference Between a Will and a Trust? Estate Planning 101

There are different approaches to estate planning (i.e., will-based planning versus trust-based planning) that may seem overwhelming to understand key distinctions and nuances involved. A frequently asked question in estate planning is, “what is th… Read More

Estate Planning Common Pitfalls to Avoid

Proper estate planning can provide a person and their family with peace of mind and security, albeit it can be overwhelming due to the many decisions involved and complex federal and state laws surrounding this topic. Additionally, overlooking critic… Read More