Category: Estate Planning
Testamentary Trusts: The Complete Guide
A testamentary trust is a legal arrangement created through a person’s will, allowing assets to be managed for beneficiaries after the person’s death. Unlike other…
Irrevocable Trusts Explained: What You Need to Know
Irrevocable trusts can seem complicated at first, but they’re an important tool in estate planning and asset protection. This article will break down what irrevocable…
Why You Need a Will Review Service
A will is one of the most important legal documents you can create. It ensures that your assets, possessions, and even your wishes are respected…
Oral Wills: Can You Rely on a Spoken Will?
Making sure that your final wishes are known and followed after your passing is essential for many people. One way to do this is through…
Joint Wills: What Couples Should Know
When couples think about their future together, they often focus on dreams, goals, and milestones they want to achieve as a team. While planning for…
Living Wills: Understanding Everything You Need to Know
Planning for the future is important, especially when it comes to your healthcare wishes. A living will is a key document in this process. It…
Estate Tax Loopholes: Are They Worth It?
Estate taxes, also known as “death taxes,” are taxes imposed on the transfer of assets from deceased individuals to their heirs. For some families, these…
US Estate Tax Treaties: A Complete Guide
Estate taxes are a reality for many people who own property or have assets to pass on after death. When a person dies, their estate…
Estate Tax Planning for Business Owners
Estate tax planning is an essential process for business owners. It helps ensure that their business assets and wealth are protected and transferred efficiently to…
Annual Gift Tax Limits: Explained
Gift-giving can be a joyful experience, but did you know that certain large gifts may be subject to taxes? The annual gift tax limits are…