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,…

10 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…

10 months ago

QLACS Update

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

11 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…

1 year 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…

2 years 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…

2 years 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…

2 years 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.…

2 years 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…

2 years 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