Retirees may still benefit from life insurance. You have been in the workforce for decades and are now either in or nearing retirement. Your financial
Estate planning requires attention to detail. If you are an American adult, you should have an estate plan. This planning is not reserved for those
Terminating an ILIT may require the creation of additional documents. Some people with life insurance utilized an irrevocable life insurance trust (ILIT). The purpose for
Changing circumstances may affect the usefulness of an ILIT. Do you remember when the federal estate tax limit was $600,000? I do. At this time,
The proposed tax plan would impact the estate planning of many Americans. In leadership transitions, you can expect changes. You can see this with college
It is possible to avoid probate with estate planning. For many, probate sounds like a scary word. Although probate is essentially the process for settling
The federal estate tax is likely to affect more people under the President Biden administration. The estate tax threshold has been farm, ranch, small business,
Making a trust an IRA beneficiary can be complicated. You have a traditional IRA as part of your retirement planning. This tool serves you well
Farm families have a lot to lose with inadequate estate planning. You are a farmer. You are in the business of farming. The farm has
Do-it-yourself estate planning can leave an ugly mess. There are people who prefer to tackle projects on their own. For some, this is born from
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