A Commitment
to Each Client.
Much of estate planning concerns legal documents such as wills and trusts. However, it requires an executor or trustee to implement the instructions in those documents. The executor executes the will and trustees manage the assets held in trusts. These are fiduciary...
There are a number of ways that grandparents can help with the increasingly high cost of a college education (not to mention graduate school costs) for their grandchildren. If you want to ease that financial burden for your grandchildren (and their parents), it’s...
People generally have to pay income taxes regardless of how much they earn or the source of their income. They file an annual income tax return to reconcile what they paid with their final financial information for the year. However, some people become complacent...
When parents draft estate plans, they do not always leave the same amount of assets to every beneficiary. This is known as leaving unequal bequests, and it has been growing more common over the years. Rather than giving four children 25% ownership of the family home,...
Documents such as wills and trusts are a very important part of estate planning. They provide instructions on how an individual’s assets will be addressed upon their death. However, documents are only one part of the process. The individuals tasked with carrying out...
People who are creating an estate plan need to determine the best methods for ensuring their chosen beneficiaries will receive the specific assets the creator wants them to get. There are several estate plan components that can accomplish this. Some assets can be...
