Whether or not we plan to do so, each of us will face death eventually. However, by planning, we can make our passing easier and better in many ways for those we leave behind. This is the second of a series on the ways we can ease the transition through planning. This second article focuses on the importance of the way in which you leave assets to your loved ones. The next article will focus on the importance of communicating your wishes to your family. When we think of leaving assets to our … [Read more...] about Your Planning Can Help Your Loved Ones
Estate Planning is About More Tan Taxes
The new tax law doubled the amount that can be passed free of federal estate taxation, at least through 2025. In 2018, an individual can pass $11.18 million free from federal estate taxation. But, estate planning was never just about estate taxation. The core of estate planning has always been about protecting your loved ones and the assets you leave them. There are many different ways you can protect your loved ones. Here are a few ways, depending upon the needs of your loved … [Read more...] about Estate Planning is About More Tan Taxes
6 Important Estate Planning Considerations – Part 3: Your Kids
This is part of a series of 6 blogs on important estate planning considerations. I’ll intersperse these blogs with other timely blogs. The first article in the series showed how an estate plan prepares one for incapacity during life and not just for the distribution of assets at death. The second article in the series focused on how an estate plan should take into consideration the potential for future Long-Term Care (“LTC”) needs. This third article focuses on the differing needs of the … [Read more...] about 6 Important Estate Planning Considerations – Part 3: Your Kids
