Estate Planning

Many parents and grandparents want to pass their wealth to their children while they are still alive. Gifts to children or grandchildren can be a good way to reduce a taxable estate. At the same time, you can control when the...

If you are leaving property to a grandchild, there is a tax you should know about. The generation-skipping transfer tax affects property passed to a grandchild in a will or trust.

Although a will is one of the most common estate planning tools available, many are often unsure of what it is or what it does. Learn more about why you should have one.

Although your life insurance policy may pass to your heirs income tax-free, it can affect your estate's tax liability. ...

Learn about the common types of power of attorney and decision-making documents. Compare when each starts, who should serve as agent, and common mistakes to avoid.

Elderlaw 101

Often seniors will make deals with other members of their family to secure their care or living arrangements . . .

Bank of America refused to honor a Florida man's power of attorney and paid a stiff price, but the case also raises the issue of the proper use of joint bank accounts in estate planning.

Wills and trusts are foundational estate planning tools. While each is used to distribute your hard-earned assets to your loved ones, they do so in different ways. Each also has its own distinct uses and advantages.

A trust protector is someone who is appointed to watch over a trust that will be in effect for a long time and ensure that it is not adversely affected by any changes in the law or circumstances.