Tag Archives: estate planning

Among the most critical lessons learned from the COVID pandemic is that no one is immune from a job loss, a business closing, or a life-threatening illness. When these challenges occur, it is often too late to develop plans that you can put into motion instantly to protect yourself and your loved ones from financial […]

Swap powers within intentionally defective grantor trusts (IDGTs) are critical estate planning tools that may help you improve tax efficiency today while allowing you to preserve wealth for future generations. An IDGT is an irrevocable trust that you, the grantor, can create during life to pass assets and wealth to your named beneficiaries outside your […]

Probate refers to the legal process of settling an individual’s estate after their passing and distributing their property and assets to heirs and other named beneficiaries. Generally, the court will follow the directions contained in a decedent’s will when deciding how to distribute assets to beneficiaries and name guardians for minor children. However, when a […]