What is an ILIT?
Nov 21, 2020
This is a part in a series of articles I have written on various types of irrevocable trusts. Irrevocable Life Insurance Trusts Why set up an irrevocable life insurance trust (ILIT)?…
in-SECURE: Why you May Need to Update your Trust
Nov 21, 2020
Feeling in-SECURE? In January of this year, a new law came into effect known as the SECURE Act, which is the most impactful legislation affecting retirement accounts in decades. You…
Why do People Create Irrevocable Trusts?
Nov 21, 2020
What is an Irrevocable Trust? Many people often ask me, “What’s an irrevocable trust?” Or some clients come ready to ask the follow-up question, “If an irrevocable trust means I…
What happens when a beneficiary dies?
Nov 21, 2020
When a Beneficiary Dies “When the RMS Titanic sank into the icy waters of the North Atlantic, one of the lesser-known problems it raised was how to handle the estates…
What is the gift and estate tax?
Nov 21, 2020
This is Part 1 in a two-part series about Transfer Taxes. In Part 2, I discuss what is the generation skipping transfer tax. Understanding the Estate and Gift Tax There are…
Should I Create an LLC?
Nov 21, 2020
This is Part 1 in a two-part series about LLCs. In Part 2, I cover how to setup an LLC to maximize asset protection. Why do People Create LLCs? If…
Buckle up and Beware of Cheap Estate Plans
Nov 21, 2020
Why are some estate plans more expensive than others? If this is your first time doing an estate plan, one question you are probably asking yourself is, “How much is…
Prop 19 – What you need to know
Nov 21, 2020
PROP 19: REDUCE PROPERTY TAXES BEFORE FEBRUARY 16TH! Proposition 19 will affect each and every person who owns a property, whether it’s a primary residence, a vacation home, a rental property, or…
Estate Planning Should Not be a Near-Death Experience
Mar 27, 2020
A New Era of Estate Planning in the Age of Covid-19 The spread of Covid-19 has caused a huge spike in the number of people looking to get their estate…
“It isn’t possible to love and part”
Mar 27, 2020
‘It isn’t possible to love and part.’ In my last personal note from May 2019, I spoke of the Big Bad Wolf: “Here’s the thing. We don’t know when the…
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