Individual and Family Wealth Articles
Another Estate Planning Tool for Transfer of Assets
Posted by Robert Ingrasci on November 02, 2023
You may need more than a legally binding will; consider a “pour-over” that will state details of asset transfers.
Protecting Generations with a Silent Trust
Posted by Robert Ingrasci on October 19, 2023
What you need to know if you choose to protect your heirs with a silent trust.
Transfer Assets Using a Payable-on-Death Account
Posted by Robert Ingrasci on October 12, 2023
Payable-on-Death (POD) accounts are an economical, practical, and user-friendly way to manage assets of a deceased loved one.
Big Picture: Factor in Both Federal and State Estate Taxes
Posted by Amanda Ornowski on October 05, 2023
Many individuals will not be subject to the federal estate taxes, but you may need to take into account your state estate tax.
Duties of an Executor
Posted by D’Marie Murray on September 28, 2023
An executor has many duties, which contribute to why a family member is not the best choice.
The Power Behind a QTIP Trust for Future Security
Posted by D’Marie Murray on September 07, 2023
Qualified Terminable Interest Property commonly known as QTIP is an estate planning trust provides future security for the surviving spouse and children.
Use the Annual Gift Tax Exclusion when Making Year-End Gifts
Posted by Cheryl A. Jankowski on September 05, 2023
As the holidays approach (yes, they will be here before you know it), it is time to think about year-end gifting; the exclusion amount for 2023 is $17,000.
The Benefits of Life Insurance in an Estate Plan
Posted by D’Marie Murray on August 24, 2023
Despite the increase to the federal gift and estate tax exemption, life insurance plays a vital role in estate planning.
Planning Vehicles Used to Avoid Probate
Posted by D’Marie Murray on August 17, 2023
Using estate planning vehicles to avoid probate is in the best interest of your estate and beneficiaries.
The Reasons to Have an Original Signed Will
Posted by D’Marie Murray on August 10, 2023
A will has several purposes as part of your estate plan, and it is necessary to have a signed original copy, and here’s why.