Dissecting the contents of a will
Dissecting the contents of a will For many people, the first thing they think of when they hear the words “estate plan” is a will. And for good reason, as it’s the cornerstone of any estate…
Consider your options when addressing life insurance in your estate plan
Consider your options when addressing life insurance in your estate plan Life insurance has long provided a source of liquidity to pay estate taxes and other expenses. Even though for many families, federal and state estate…
Careful planning required for beneficiaries to borrow from trusts
Careful planning required for beneficiaries to borrow from a trust Intrafamily loans allow you to provide financial assistance to loved ones — often at favorable terms — while potentially reducing gift and estate taxes. But what…
Avoid these four estate planning deadly sins
Avoid these four estate planning deadly sins According to literature, the “seven deadly sins” are lust, gluttony, greed, laziness, wrath, envy and pride. Although individuals may be guilty of these from time to time, other types…