New Mom? Prepare Your Estate Plan

If you are a new mom…now is the best time to prepare and execute your estate plan. Estate planning is often one item that gets pushed back on nearly everyone’s to-do list. The reasons you might be delaying vary: lack of time, not thinking you have enough assets,...

Do you need a Will and a Trust?

Everyone wants to protect their families, even after they pass away. That’s the purpose of estate plans. But how do you know if the plan you have in place will actually be effective? The first step is understanding the difference between a will and a trust....

I’m a Trustee. Now what?

It is an honor to be named the successor Trustee of a loved one’s Trust. As the name implies, you’ve been given a position of trust and responsibility, and it means that your loved one thinks highly of your skill and ability, not to mention your integrity. So, what...

What are Estate Taxes?

Estate taxes – and the related gift taxes – are simply limits on how much one can inherit and how much one can give another before taxes are imposed. In essence, these taxes try to limit the transfer of wealth, favoring the distribution of wealth through...

How to Use Trusts to Manage Family Wealth

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Divorce: The Long-term Asset Issues

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