Estate Planning

Changes in How Trusts are Taxed

Trusts, like everyone else, pay taxes when they earn income or sell capital assets for a profit. The tax liability,…

4 months ago

What is a Medicaid Asset Protection Trust?

People often visit us and ask about using a trust to protect assets in the event they go to a…

5 months ago

QLACS Update

Last year we wrote about qualified longevity annuity contracts, sometimes referred to as QLACs. On July 19, 2024, the IRS…

5 months ago

Trusts and Medicaid: Protecting Assets

People regularly ask us whether they should use a trust to protect assets in case they go to a nursing…

7 months ago

Estate Planning Advice from Warren Buffett

The following video clips are from Berkshire Hathaway Annual Meetings where Warren Buffett fielded questions regarding estate planning: 2013 Annual…

1 year ago

Can You Retire?

From time to time, I read "ruminations" published by David E. Hultstrom. Along with Anitha Rao, David is the co-founder…

1 year ago

Can You Protect Your Estate Plan From Being Challenged?

Sean McKissick, a probate litigation attorney, recently wrote "the sad truth is that there is no impregnable suit of armor…

1 year ago

New Survey Shows Pessimism Regarding Ability to Retire

On July 26, 2023, Investmentnews.com released a story titled “Our glass is half empty” — why your clients are worried.…

1 year ago

Plan Ahead to Avoid Estate Planning Errors

A recent article in Kiplinger, How To Avoid Aretha Franklin and Prince's Estate Planning Errors, discusses the Estates of James…

1 year ago

Do You Have a Retirement Plan?

A recent article in Kiplinger says Saving for Retirement Isn't Enough: You Need a Wealth Plan. But haven't we all…

2 years ago