Estate Planning Gone Wrong
Estate Planning Gone Wrong A Revocable Living Trust is often used to complement a Will. Rather than only having a Will, the Revocable...
Common Estate Planning Mistakes
An approximately$30 trillion transfer of wealthis currently under way in the U.S. as aging baby boomers pass their assets to successive...
Advanced Directives
I had a conversation with a potential client last week regarding the issue of Advanced Directives. Specifically, the potential client was...
Complete and Truthful Disclosure
Something interesting happened this week while discussing an estate plan for a client with adult children. The conversation was focused...
Inherited Roth IRA
If you inherit a Roth IRA, there is a tax advantage to not liquidating the full amount. If you take only the RMD (required minimum...
Estate Tax
The Estate Tax for 2018 is projected to top $11 million. This means that if you and your spouse were to leave less than $11 million to...
Bitcoin and Estate Planning
Recently I had an estate planning client with a substantial amount of assets in bitcoin. The issue from an estate planning perspective is...
Estate Planning Mistakes
The first mistake with the use of trusts is not using the right type of trust. There are many different types of trusts. By far the most...
Estate Planning Failure
I had an estate plan signed today by a client, in a hospital. The client was referred to me two months ago by her banker to do an estate...
Avoiding Financial Turmoil at the Death of a Spouse
MOST of us do not even want to contemplate the death of a spouse or partner — much less the prospect of having to take care of the...
