When it comes to estate planning, most people want two things: to keep as much of their wealth as possible in the family and to avoid paying Uncle Sam more than necessary. Read more…
Legacy Planning for High-Income Earners: Building and Protecting Generational Wealth
For high-income earners, wealth accumulation is just one part of the equation you should focus on. There is so much that goes into strategic planning to achieve proper and successful legacy planning. Accumulating, preserving, and transferring your wealth efficiently to future generations are all Read more…
Is a QTIP Trust Right for Your Blended Family?
A QTIP may sound familiar, but this isn’t for your ears. However, it may be good for your blended family. Read more…
How to Prepare for the Potential Sunset of the Estate and Gift Tax Exemption in 2025
In 2018, the federal estate and gift tax exemption amount increased substantially, allowing high-net-worth individuals to avoid paying estate taxes on a significant portion of the assets in their estates. Read more…
New Contribution Limits for Retirement Plans, Health & Dependent Savings Accounts, and Estate & Gift Tax for 2025
With a new year comes many new changes – putting up a new calendar, making New Year’s resolutions, AND new contribution and gifting limits imposed by the IRS. Read more…
The IRS Provides New Clarity on Required Minimum Distributions from Inherited IRAs
After a few years of confusion and waivers, the IRS released clarifying information on inherited IRAs in the summer of 2024. Before we unpack the latest information, let's recap the 2019 legislation. Read more…
A Guide to Estate Planning Considerations for Digital Assets
By definition, an estate plan is a set of legal documents that dictates how you’d like your assets to be transferred upon your death or incapacitation. When you think of assets that need to be considered under an estate plan, you likely default to thinking about traditional assets like homes, cars, Read more…
Wealth Transfer and Estate Planning: Unique Types of Trusts to Consider
When you hear the word trust, you probably think of a revocable living trust that helps your loved ones avoid probate by establishing how your assets will be distributed after your death. Read more…
What Are the Different Types of Trusts?
Are you seeking to craft a strong estate plan? Or do you simply wish to ensure that some of your assets are properly cared for? Either way, you’re likely digging in on how to arrange a trust. Read more…
The Importance and Cost of Basic Estate Planning Documents
Estate Planning is a broad term, often overwhelming and misunderstood. Some people think only the “wealthy” need an Estate Plan, but the bottom line is most everyone should have a basic Estate Plan. Estate Planning is a topic near and dear to our hearts as we work with many clients to help develop Read more…
