When you are planning your estate you must inventory your assets. Clearly, you want to know exactly what you have to give to your loved ones, but there is an additional motivation. You should be aware of the value of your estate as it compares to the amount of the estate tax exclusion. The proceeds […]
The proceeds from life insurance policies can make a big difference for the loved ones that you will be leaving behind. There are some tax questions that arise around life insurance proceeds, and we would like to provide some answers here. If I was to be named beneficiary of an insurance policy, when I receive […]
When you are planning your estate you should consider practical details on a human level. You are going to be in possession of a number of very important and relevant documents. Access to these documents will be necessary for the individual who is administering your estate. If you direct the distribution of your assets to […]
The dynasty trust carries on generation after generation, providing assets and avoiding federal transfer taxes for as long as the assets remain in trust.
Like an umbrella, the insurance sits on top of your other policies, drastically raising the coverage. If you buy a $1 million of coverage, your underlying policies are both raised to $1 million.