All estate plans should be reviewed in light of the following 8 estate planning pitfalls. 1. Failure to Make a Proper Will or Living Trust and Revise It Periodically By
The Inheritor’s Trust IntroductionHarvard Law School Professor A. James Casner illustrated the power of proper trust planning when he told Congress that “in fact, we haven’t got an estate tax,
The 2001 Tax Act has expanded and improved upon provisions regarding tax-deferred college savings plans. IRC Section 529 provides tax-exempt status to two types of programs established and maintained by
The uses of life insurance in the estate planning process are as varied as the type of insurance products available in the market place. It is important to evaluate the
In January 2001, the IRS issued new rules that make sweeping changes in how “Minimum Required Distributions” are calculated for IRAs and other retirement plans. These changes potentially affect everyone
A charitable lead trust is an estate planning technique which enables a person to transfer property to younger family members at a substantially reduced transfer cost while providing a designated
How important is it that your money lasts for the duration of your retirement? Most people would answer that it is the essential consideration. Yet, few people are aware of