One of the main reasons for getting an annual check up with your doctor is to detect and treat problems before an illness or health condition becomes serious. Likewise, it is important for your estate plan to get a regular check up to address changes in your life circumstances or in the law to ensure […]
On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which became effective on January 1, 2020. The Act is the most impactful legislation affecting retirement accounts in decades. It will have a positive impact for many older Americans but could have negative tax consequences for many […]
You and your spouse live together, you work together, and chances are you spend a lot of your free time together. Having a successful family relationship and family business together takes a lot of hard work and dedication but can also be among the most rewarding things in life. To help keep you on the […]
Estate planning for couples in a second or subsequent marriage can be tricky, especially if the size of their estates is disproportionate. One solution for allowing the well-to-do spouse to maintain control of their property and wealth–but keep their other spouse happy–is the “Lifetime QTIP Trust.” The Basics of Creating a Lifetime QTIP Trust In […]
