Estate Planning

You worked hard to be able to leave something behind for your loved ones, but now, you have a child who is struggling with a substance abuse disorder. If you are not careful when crafting your estate plan, you run the risk of doing one of two things. You may wind up...

A power of attorney is one of the most important tools in the estate planning toolkit. People use these versatile documents to accomplish a variety of goals. In general, a power of attorney gives one person, called the agent, the legal authority to make certain...

Your children are always top of mind. But have you considered their futures in the case of your untimely death? You can name their guardian in your will. The guardian will be legally responsible for your children's well-being while they are under the age of 18,...

It can be difficult for a family to cope after a loved one receives an Alzheimer's disease diagnosis. However, understanding what to expect can help you maintain his or her quality of life and prepare for the next phase.  Take these steps if a doctor has diagnosed...

An election year can bring about changes that affect estate planning goals, especially for those with considerable wealth and assets.  The Internal Revenue Service has announced 2021 limits for estate and gift taxes. Reviewing your estate plan by the end of 2020 will...

Perhaps you have a special needs son who is now 18 years of age.  You want to ensure his wellbeing and financial security both now and in the future. What options are available?  Protecting benefits Your goal is to set aside funds for the future care of your son...

When planning your estate, you will learn about various types of trusts. Establishing a trust can protect assets for your descendants and help them minimize the tax expense associated with an inheritance.  Review the common types of trusts to explore how they may fit...

Proper estate planning allows you to make informed decisions about the handling of your assets. Having a plan in place gives you and your loved ones peace of mind knowing that you had the opportunity to maximize the value of your estate and make the designations you...