Estate Planning

The Internal Revenue Service (IRS) has released the gift tax and estate tax exclusions going into effect January 1, 2026. The federal estate tax exemption will increase to $15 million per individual; the annual gift tax exemption will remain at...

A recent survey shows that fewer younger adults said they expect to receive an inheritance, despite the fact that older adults report that they are likely to leave one. These and other findings point to an interesting gap between older adults’...

Every few weeks, Dr. Lea Schweitz brings together a group via Zoom for an online "playdate." This warm and engaging community gathering, typically a mix of first-timers and regulars, is rather unusual in its focus: planning for the end of one’s...

Trust funding is the process of transferring the ownership of your accounts and property to your trust during your lifetime.

Many people assume that when they establish a revocable living trust, property held in the trust will completely avoid federal estate taxes after their death, when in fact living trusts do not provide any unique estate tax avoidance strategies.

A durable power of attorney is a legal document that allows a trusted individual to make financial or health care decisions on your behalf if you become unable to handle your own affairs.

Updating your estate plan regularly helps ensure that your assets are distributed as you intend, your beneficiaries are properly provided for, and your chosen decision-makers are still able and willing to serve.

A critical misstep often arises in estate planning from the assumption that no filing is necessary if the first spouse's estate is below the federal exemption threshold.

Whether you are planning your own funeral in advance as part of your estate planning process or handling affairs for a loved one who has passed, there are several key considerations to keep in mind when seeking a credible funeral...