To determine a decedent’s taxable estate, the Internal Revenue Code allows the decedent’s estate to utilize…
Category: ESTATE PLANNING
Recently Divorced? If So, It’s Time to Update Your Estate Plan
Going through the legal process of divorce can leave you emotionally exhausted. Not surprisingly, it can…
The Inflation Reduction Act
After more than a year of debate over the provisions of the “Build Back Better Act,”…
Did the Pandemic Spur Incapacity Planning Awareness?
Far too many people are going through life without estate plans in place, and sometimes an…
Adapt Your Estate Plan Based On the Beneficiaries
Some people think that you have to use a will when you plan your estate unless…
Bear Markets Offer A Chance For Advisors To Grow, Consultants Say
Even if there is a recession, it might still be a great time to grow…
Should Senior Citizens Have Long-Term Care Insurance?
A lot of people receive a rude awakening when they learn about living assistance. The first…
How Do I Trust Thee…Part III
If a client’s Estate Plan involves a revocable trust, then the client needs to decide who…
What Is a Stepped-Up Basis?
The stepped-up basis is a term that applies to inheritances and capital gains taxes. We will…
What’s Estate Planning Got to do with Interest Rates – Part I
It’s hard to look anywhere these days without seeing something about interest rates or inflation. All…