You spend your time and money collecting items. In fact, it’s your hobby and your way of life. What do you do for those collectibles if you pass away? Most people forget that these collectibles...
The biggest issue with estate plans is that they’re often forgotten. You have spent the time and money creating your estate plan, but how often do you check on it and make sure it’s still...
The lifetime gift tax exemption limit of $5.12 million will expire at the end of the year, unless Congress takes action before then to extend the deadline. With only a handful of months remaining and...
If you are in the position where you are able to leave your children or family a substantial estate, there is one little element you need to consider closely. The phenomenon of “sudden wealth syndrome”...
According to the yearly list of the top 50 charitable donors, 2011′s top spot is occupied by a woman who has been dead for five years. Heiress Margaret Cargill, who passed away in 2006, gavestcok...
If you’re not a fan of the PBS series “Downton Abbey,” we apologize for this post. It seems as if everyone we know is obsessed with the show! Downton Abbey is a television drama that originally...
Question 1: What is a standby guardian? Answer: A standby guardian is a person who will take over your parenting responsibilities if you should suddenly fall ill or get injured. These guardians take over when...
If you have an estate that will likely be taxable, for federal estate tax purposes, when you die, now is the time to consider advanced planning and gifting programs.
There are lots of ways you can have your trust distribute money to your beneficiaries. Here is a checklist of some of the jargon, considerations, and approaches involved in trust distribution. Too often people view...
There are many different varieties of wills and trusts to fit the needs of each individual. Only a qualified attorney should draft these documents. To give you an idea of the options available to you,...