You may be a beneficiary that believes you have been short-changed, or a potential beneficiary that has been overlooked as part of someone else’s estate plan.
Hopefully you have considered the benefits of doing some basic estate planning. As noted in prior blogs, it is essential for anyone with children and anyone who has any assets to distribute, regardless of age or income level, to have basic estate planning documents in place. At a minimum we recommend that you have at [...]
Estate planning attorneys often use a “credit shelter trust” to preserve the estate tax exclusion of the first spouse to die.
Often, our clients are interested in making a gift to charity in a manner that makes sense for their overall estate plan.
In some cases, making gifts to your family – or whoever your eventual heirs will be – might be an advantageous thing to consider.