Planning for the Worst-Case Scenario

/ By: lsmith

Category:

Sometimes, in an attempt to avoid thinking about the worst, we miss the opportunity to do the best for our loved ones. A comprehensive estate plan can help you confront your fears in a way...

Read more »

Why Your Trust Shouldn’t be Short and Sweet

/ By: lsmith

Category:

The draft of your new Trust makes you wonder if your estate planning attorney gets paid by the word. Is all this verbiage really necessary? In fact, a good plan has many points to cover....

Read more »

Tax Breaks for the Sandwich Generation

/ By: lsmith

Category:

It can be a surprise to find yourself caring for elderly parents at the same time that you’re raising your own children. The emotional demands of these multiple roles are often coupled with financial challenges...

Read more »

Trusts and Income Tax: Who Pays?

/ By: lsmith

Category:

As Trusts gain popularity, a question comes up more and more often: who pays the income tax on a Trust? It seems like a simple inquiry, but the answer can be hard to pin down....

Read more »

A Quick Guide for Basis

/ By: lsmith

Category:

You might have heard the word basis used in reference to taxes. Learn the definition of basis and how it can make a big difference in your estate plan.

Read more »

Expecting the Unexpected

/ By: lsmith

Category:

Life is full of surprises. None of us have a crystal ball, and this means it is unreasonable to create an estate plan without flexibility regarding your long-term wishes for your loved ones. When you...

Read more »