A Berdon Blog

Last year’s landmark U.S. Supreme Court decision making same-sex marriage legal in all 50 states affects estate planning for many same-sex married couples. Now, like opposite-sex married couples, same-sex married […]

Individuals who have created multiple trusts in their estate plan that are subject to high state income taxes may recognize significant tax savings by moving those trusts to a state […]

Your estate plan is an organic document that needs to evolve as your life and family circumstances change, new laws take effect, and tax-saving opportunities present themselves.  Births, deaths, divorces, […]

A common estate planning mistake is to designate a minor as beneficiary — or contingent beneficiary — of a life insurance policy or retirement plan. Insurance companies and financial institutions […]

The “sandwich generation” – those who are caring for both their children and their parents at the same time – comprise a large segment of the population. As a result, […]

If you own an interest in a closely held business, it’s critical to have a well-designed, properly funded buy-sell agreement. It provides business owners and their families with valuable protection […]

Sharing your estate with charity by making donations during your life provides many benefits: You help your favorite organizations, reduce your taxable estate, and if handled properly, reduce your income […]

Making direct tuition payments is just one strategy available for funding your grandchild’s college education while minimizing taxes. As the cost of a college education continues to soar, you can […]

Portability allows a surviving spouse to take advantage of a deceased spouse’s unused federal gift and estate tax exemption in several ways: