Members of Gen Z will likely be responsible for paying estate taxes after the death of their parents. Gen Z is considered by many to
A comprehensive estate plan does not simply appear out of thin air. Young people often do not consider their own mortality. It is common to
It may be necessary to protect inheritances from in-laws and addictions. It is not uncommon for adult children to make poor decisions. Sometimes this means
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
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
A testamentary trust can be beneficial for families with minor children. A last will and testament is used to distribute assets to heirs when you
Beneficiary designations take precedence over a last will and testament. When people think of creating or reviewing an estate plan, they often focus on the
Adult dependents may require special care in estate planning. When you think of dependents, you likely consider your minor children. Minor children certainly need parents
Most Americans do not understand probate. Isn’t there anyone who knows what probate is all about?!! This question is reminiscent of Charlie Brown’s desperate cry
Adding people to a bank account gives them access to the funds. There are times when someone may need to access your bank account to
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