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Considering or planning a move? You may want to consider moving your trust with you.

You and your spouse have decided that the both of you are done with the city life and now want a change of scenery. There is a town in another […]

Deemed Sales Proposal and the Elimination of the Step-up Basis

Step-up basis has been a mainstay in estate planning for more than 100 years. Upon a decedent’s death, assets in his or her estate are generally eligible for an automatic […]

Who Ultimately Pays for Your Estate Taxes?

“Wow! My uncle left me $100,000 in his will. Wait, what?! I only received $60,000. What happened to the difference? Did my cousins steal some of my inheritance?” This might […]

Is There a Chance That My Assets Will Be Lost After My Death?

Have you ever found money in your pockets that you have forgotten about? I know I have on multiple occasions. Forgetting about an asset is a common occurrence for people, […]

Thinking about leaving your wealth behind? Well, think again!

With Joe Biden as president and the Democrats in control of both chambers of Congress, we should expect changes coming to the federal tax law. President Biden has promised a […]

The Executor’s Role

If you have been named as an executor (or if you are choosing your own executor) it is important to understand the duties and responsibilities of this role. Today’s blog […]

A Fiduciary Roadmap

If you are like most people, your life is complicated. There are a lot of moving parts, a lot of puzzle pieces. If you sometimes find it challenging to manage […]

The Pros and Cons of Lifetime Gifts

In my last post, I alerted you to the fact that the federal gift and estate tax exemptions‰ÛÓ now at a record high of $11.58 million per individual for 2020–would […]

Planning with the Increased Exemption Amounts, While they Last…

The federal gift, estate, and generation-skipping transfer (“GST”) tax exemptions are currently at an all-time high of $11.58 million per individual for 2020 ($23.16 million for a married couple).   However, […]