Estate Planning
A key competent of estate planning is considering the taxes a person will pay both during their life and after their death. A person’s assets are everything that a person owns, including anything that is paid out upon their death such as life insurance. When a person...
Estate Planning
Estate plans, even complex and versatile estate plans, commonly need to be updated throughout a person’s life. Most estate documents are static by nature, drafted to match specific desires, laws, and circumstances at one place and time. Because of that, there...
Estate Planning
Wills and trusts have much in common; both are tools that help a person take care of their assets after they die. However, there are significant differences between the two that make one better than the other in different circumstances and for different people. A will...
Estate Planning
An estate plan is a strategy for dealing with assets when a person dies. In other words, an estate plan ensures that all their assets are distributed according to the “decedent’s” wishes and in the most tax effective manner as possible. Your “estate”...
