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Tag Archives: Tax

Why You Should Create an Estate Plan Today

Estate planning is not only for the elderly. Even if you don’t think you have any significant assets to protect, it could be beneficial to consult an estate planning attorney and discuss your options. If you know anyone who has had to deal with the loss of a loved one who didn’t have an estate [...]

You’re Appointed a Trustee- Now What?

Being a trustee comes with a lot of responsibilities. These helpful tips, along with the assistance of a living trust attorney, can help you successfully manage a trust.

Wealth Gifts to Children: How a “Crummey Trust” May be Right for You

While still alive, many parents and grandparents wish to pass their wealth on to their children or grandchildren: these gifts are also a good way to decrease a taxable estate. In 2010, you can give a child or grandchild $13,000 a year without the subsequent incurring taxes, but you may not want the child directly [...]