Estate Planning

What is included in an estate plan?

Will and Testament: Wills are legal documents that inform the probate court of your wishes regarding the management of your assets and care for your children. These wishes can include appointing a guardian and conservator for your children, the distribution of funds, and the appointment of a personal representative for your estate. Unlike a living …

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Election Year Wealth Transfer Strategies

With a push by the Democratic party to return federal estate taxes to their historic norms, taxpayers need to act now before Congress passes legislation that could adversely impact their estates. Currently, the federal estate and gift tax exemption is set at $11.58 million per taxpayer. To put this in comparison, the federal estate and …

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The Importance of Reviewing your Estate Planning Documents during an Election Year

When a new, or incumbent, candidate is elected to become the next president of the United States of America, you can confidently assume that this new candidate will integrate their political agenda into the current tax code. Therefore, the United States tax code and many other relevant administrative rules are updated frequently to reflect new …

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The Importance of Planning Your Funeral and Burial Arrangements

When reviewing your estate planning documents, much of the time with your attorney is spent discussing options for distribution of assets, future decision-makers on your behalf, and who is allowed to obtain critical health information if you become disabled. Something that does not come up as often, but is equally as important, is your funeral and …

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