The moment when a loved one passes away feels, inevitably, insurmountable. Aside from the overwhelming feelings of trying to sort out funeral arrangements, the legal aspect of managing someone’s finances after they...
Category: Estate Planning
IRS 2022 Estate and Gift Tax Exemption Updates
February 15, 2022
INTERNAL REVENUE SERVICE 2022 ESTATE AND GIFT TAX EXEMPTION UPDATES The Internal Revenue Service (IRS) releases updated estate tax exemptions and gift tax exemptions every year. For the calendar year of 2022, estate tax...
The Differences Between First Party Special Needs Trusts and Third Party Special Needs Trusts
July 13, 2021
If you are a family member who cares for someone with a disability, whether a child or an adult, a Special Needs Trust is an estate planning tool that can be used when a client or client’s family member may be entitled to...
Do I Need an Irrevocable Trust?
March 24, 2021
Do I Need an Irrevocable Trust? We are often asked by potential clients whether it makes sense to create an irrevocable trust. An irrevocable trust is a trust that is set up for a specific purpose and cannot be undone under...
During these unprecedented times, it is normal for you to want to take every necessary measure to make sure your family is always prepared. Imagine not being able to make legal decisions for your child going away to college....