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When tragedy strikes in a family--in the form of a death or severe disability--people are overcome with emotional stress, be it grief, sorrow or the fear of how it will affect...
If you're like most Americans, you don't have an estate plan (according to various sources, adults with estate plans range from 23% to 33% of the population). You may not even...
Even if you've long expected it, receiving an inheritance can be somewhat disorienting — particularly if it's a large windfall that could alter your current standard of living....
Estate planners often tout the virtues of owning property jointly — and with good reason. Joint ownership generally offers several advantages for surviving family members. But...
If you own a closely held business, you're probably familiar with the protections provided by buy-sell agreements. But do you know how important these documents can be to an...
As the COVID-19 pandemic taught many Americans, serious illness may strike at any time and any age. Of course, in ordinary times, older Americans are at risk of becoming...
The idea of leaving a significant inheritance to your children or grandchildren may give you pause. Could the promise of wealth make your heirs act financially irresponsible or...
The Tax Cuts and Jobs Act (TCJA) included several favorable changes to the federal income tax depreciation rules for real estate. However, one intended change didn't make it into...
If you're asked to serve as the executor of an estate, think carefully about the decision before accepting the position. Acting as an executor or administrator of an estate can...
Future changes to partnership audit rules will impact estate planning. Typically, one would not assume these changes would impact estate planning, but it does considering many...