Estate planning may not be popular, but it is an essential process to ensure your life’s work is appropriately taken care of after you pass. A strong estate plan benefits everyone. Do you own ...
For example, in 2023, you and your spouse or partner can each gift up to ... federal estate tax exemption). That’s why it’s important to discuss these issues with an estate planning ...
Always follow up. 4. Assign a Digital Power of Attorney ... Don’t forget to add this one to your estate planning checklist. After my partner’s death, I realized that our privacy around our ...
I write about charitable giving and estate planning ideas. A diagnosis of breast ... in your name to achieve a step-up in income tax basis on death. That might avoid capital gains tax if your ...
But that's exactly what estate planning is. It might seem morbid to ... a trust is to be set up in your name). If you have children, you can also appoint a guardian for them in the event of ...
In today's climate of uncertainty—locally, nationally, and globally—the role of estate planners as risk managers is more ...
Estate planning helps you control who gets your assets ... but it can be anyone you choose. Unless you set up an irrevocable trust, these decisions can be changed. After you do this, make your ...
"This can be an indicator that they keep up with the latest trends in estate planning and are respected in their field." "The estate planner should be able to clearly explain the differences ...
Estate planning documents are the foundation of your legacy and financial security. As an Idaho estate planning attorney, ...