Nov 16, 2015 | Estate Planning
Estate planning for couples in a second or later marriage who have disproportionate estates can be tricky. One solution for allowing the well-to-do spouse to maintain control of their assets but keep their other half happy is the Lifetime QTIP Trust. The Basics of...
Sep 25, 2015 | Estate Planning
Estate planning has truly evolved over the past 20 years. Gone is the uncertainty about federal estate taxes and the absolute requirement for married couples to use complex trusts to minimize these taxes. But also gone is planning for the ‘traditional’...
Aug 19, 2015 | Estate Planning
Due to the increased volume of federal estate tax return filings in order to make the ‘portability election,’ the IRS has announced that estate tax closing letters will only be issued upon request by the taxpayer. This change in IRS policy started on June...
Jun 30, 2015 | Estate Planning
Like any other complex subject, estate planning has its share of myths and misconceptions. Understanding the top three estate planning myths will help you to create and maintain a plan that will work the way you expect it to work when it’s needed. Estate...
May 26, 2015 | Estate Planning
Farming or ranching is more than a means of livelihood – it is about preserving a legacy and unique way of life. Unfortunately, many farmers and ranchers fail to make an estate plan. The farm or ranch that has been passed down for generations then ends up being...
Apr 28, 2015 | Estate Planning
Revocable Living Trusts have become the basic building block of estate plans for people of all ages, personal backgrounds, and financial situations. But for some, a Revocable Living Trust may not be necessary to achieve their estate planning goals or may even be...
