Protect your assets with a “hybrid” DAPT One benefit of the current federal gift and estate tax exemption amount ($11.7 million in 2021) is that it allows most people to focus their estate planning efforts on…
Not disclosing all of your assets helps no one People sometimes keep assets hidden without letting their families know about their location or even that they exist. Similarly, they may have life insurance policies no one…
Estates now have an additional three years to file for a portability election Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his or her own…
Estate planning in the FAST lane Traditionally, estate planning has focused on more technical objectives, such as minimizing gift and estate taxes and protecting assets against creditors’ claims or lawsuits. These goals are still important, but…