Family Wealth and Estate Planning Articles
Should Your Will Signing Be Recorded?
Posted by Isabella Newman on August 26, 2021
Before recording your will signing, consider alternative strategies to prevent a contested will.
Intrafamily Lending - Consider a Family Bank
Posted by Cheryl A. Jankowski on August 06, 2021
Are you ready to take intrafamily lending to the next level by establishing a family bank?
Avoiding Probate in Estate Planning Matters
Posted by Robert Ingrasci on August 03, 2021
In basic terms, probate is the process of settling an estate and passing legal title of ownership of assets to heirs. The part most people dislike about the process is that it’s public.
Stepped-up Basis for Inherited Property
Posted by Michē Needham on July 26, 2021
Have you inherited assets or are you planning your estate? If so, it’s crucial to understand the current “step-up” basis rules and why they might change.
Heading Across State Lines with your Trust Requires Planning
Posted by Mark Stack on July 20, 2021
If you’re looking to relocate a trust to a tax-friendlier state, consider the pluses and minuses before hitting the road.
Does Your Estate Plan Address Your Grandchildren in a Fair Manner
Posted by Jeffrey Budzinski on July 16, 2021
Life insurance is one option to consider when addressing your grandchildren in your estate plan.
Can Senior Citizens Write off Medicare Premiums?
Posted by D’Marie Kleeman on June 24, 2021
If you have Medicare insurance (including supplemental), you know it can be expensive to get the coverage you want, but you may be able to deduct the cost of premiums, along with other medical expenses, on your tax return.
Guide Your Family with an Estate Plan Road Map
Posted by Cheryl A. Jankowski on June 16, 2021
An estate planning “road map” can help steer your family in the right direction at the time when it’s needed most.
Estate Planning in the Fast Lane
Posted by D’Marie Kleeman on June 09, 2021
If your estate planning goals lean toward instilling fiscal responsibility among your children, grandchildren, and beyond, a family advancement sustainability trust (FAST) may be right for you.
Are You Holding a Joint Title to Property with a Family Member or Friend?
Posted by on June 02, 2021
There’s a common misconception that owning assets jointly with your children or other family members is an effective way to transfer the assets. Before taking action, weigh the advantages and disadvantages.