Recent News & Blog / Estate Planning
Benefits of Using a CRT and a WRT in Tandem to Achieve Two Estate Planning Goals
Would you like your estate plan to support your favorite charity and leave a legacy for your family? Two trust types can be used together to help achieve those goals: a charitable remainder trust (CRT) and a wealth replacement trust (WRT).
What You Need to Know About ILITs—and Your Options for Undoing One
Life insurance can provide peace of mind, but if your estate is large enough that estate taxes are a concern, it’s important not to own the policy at death. Why? The policy’s proceeds will be included in your taxable estate.
How Can an FLP Fit Into Your Overall Estate Planning Strategy?
A family limited partnership (FLP) allows you to manage and protect your wealth while gradually transferring it to your children or other heirs.
How to Account for Intellectual Property in Your Estate Plan
When most people think about estate planning, they focus primarily on tangible assets, such as real estate, investments, and personal property. However, in certain cases, intellectual property (IP) can make up a substantial portion of an individual’s wealth.
Health Savings Accounts and Estate Planning: What You Need to Know
A Health Savings Account (HSA) can be a valuable asset in your estate.
Does Your Estate Plan Include a Living Will?
A comprehensive estate plan does more than simply distribute your assets after your death—it also protects your voice, your values, and your loved ones during a difficult time.
How to Prepare for the April 15 Gift Tax Return Filing Deadline
If you made large gifts to family members or heirs last year, you may need to file a 2025 gift return by April 15.
Play It Smart by Naming Co-Executors
Choosing an executor is one of the most important decisions in the estate planning process.
When Should You Update Your Estate Plan?
Many people think of estate planning as a “one-and-done” task—something you complete and file away—but an estate plan should evolve as your life, finances, and relevant laws change.
Increase Estate Planning Flexibility by Decanting an Irrevocable Trust
Irrevocable trusts provide various estate planning benefits, such as reducing estate taxes and helping to ensure assets are distributed as you wish, but estate planning isn’t a “set it and forget it” process.