» Estate Planning

When we sit down to discuss someone’s estate planning, the questions we ask are quite simple: What do you have? Where do you want it to go? Who do you want to manage your affairs after you’ve passed away? As part of these discussions, we often ta… Read More

President Trump signed the new tax bill into law on Friday, December 22, 2017, making for some big changes in federal estate tax planning. Under the new law, the federal estate tax exemption will be substantially increased for tax years starting in 2… Read More

With tax reform underway starting in 2018, now may be the last chance for many to maximize their charitable contribution deductions. While the deduction for charitable contributions is preserved in the new tax bill, many fewer taxpayers will actually… Read More

Millennials currently make up one fourth of the US population and are projected to soon surpass Baby Boomers as the nation’s largest living generation. Millennials also represent more than one quarter of the U.S. workforce with this number expected… Read More

A comprehensive estate plan should address all of your assets. For most people, an estate plan must include three common categories: (1) your home; (2) financial accounts, like your checking and savings account; and (3) personal property. Other types… Read More

While Congress has not yet sent a tax bill to the President’s desk, both the House and Senate have passed their own versions of a sweeping tax reform bill that has implications for many estates. This article explores the changes to the federal… Read More

After establishing a trust, the next step is to properly fund your trust. Funding a trust is the process of transferring or directing assets to your trust. This can be done by re-titling assets in the name of your trust or, alternatively, naming your… Read More

In 2016, the Department of Treasury proposed new regulations for Section 2704 of the Internal Revenue Code. The proposed regulations would have significantly minimized or eliminated discounts for family limited partnerships and other entities. Earlie… Read More