Estate Planning

A charitable lead annuity trust (CLAT) is an estate planning tool whereby a person creates a trust that initially benefits a charitable organization, foundation, or other qualifying entity for a defined period.

Required Minimum Distributions (RMDs) are the minimum amounts a retirement plan account owner must take out each year. It’s the responsibility of the retiree to take out the correct RMD from their account annually.

Totten trusts, or payable-on-death bank accounts, are an estate planning tool that allows you to transfer money to a chosen person upon your death.

Although inflation is generally nothing to be pleased about, the IRS recently announced inflation-adjusted changes to the annual gift tax and estate tax exclusions for 2023. If you are considering wealth transfer tax planning, these are welcome increases.

You may wonder if there's anything you shouldn't include in your will. The answer is yes. There are some things that you should avoid.

You may have a caregiver in your life to whom you wish to bestow your gratitude by designating them as an heir in your estate plan. How can you ensure your wishes are fulfilled?...

Although estrangement can significantly impact individuals' lives, it is not a legal term and, in many cases, might not have a legal effect.

After losing a loved one, consider the best way to honor them and their life. Sometimes, a traditional funeral is not the best fit. Today, there are many alternatives to a traditional funeral service and burial.

If you are planning to leave an investment property to loved ones, a 1031 exchange may be a helpful estate planning tool for you.