Estate Planning Blog

The “step-up” in basis has to do with the calculation of the capital gains on the sale of property.

If you haven’t properly accounted for these things, your heirs may not be able to access these assets when you’re gone.

The heirs of an estate can be liable to pay the estate or income taxes (and perhaps other obligations) of the estate.

The modern blended family has far more needs when it comes to estate planning than a traditional family. Here are some challenges, tips and solutions.

While legal documents may seem obtuse and difficult to understand, they are crucial for estate purposes.

When you think of a trust, you may have visions of contentious family gatherings in an attorney’s office after the death of a patriarch or matriarch.

What could go wrong with this transfer of generational wealth? Several things, in fact.

If you have a family member with special needs, you might face emotional and physical issues. However, you also may be concerned about maximizing the financial support that your loved one requires.

A formal probate process involves specific, usually straightforward steps. Issues that may arise during the process can lengthen the time it lasts until it is closed by the court.

Clients with sufficient wealth to leave them exposed to future estate tax burdens need to understand that the time to act on the generous estate tax exemption established in 2017 by the Tax Cuts and Jobs Act is now—not when the expanded exemption sunsets the end of 2025.