Estate Planning

The Internal Revenue Service (IRS) has released its tax inflation adjustment figures for tax year 2025.

Here are some steps you can take to get started with the estate planning process, even before you meet with an attorney to work on any legal documents.

Inheritance tax is a state-level tax that beneficiaries pay when they receive assets from an estate after somebody has passed away.

Our devices offer so many benefits and have become such an integral part of our lives that we often forget how much easier they make it for people to steal our information or take advantage of us.

As of 2024, you can roll over unspent funds from a 529 plan to a beneficiary-owned Roth IRA. This provision gives families a way to kick-start a young person's retirement savings.

While simple estate plans may just use a will, more complex plans may benefit from also employing a trust.

After much anticipation, the Treasury Department and the Internal Revenue Service (IRS) have issued final regulations relating to the 10-year required minimum distribution (RMD) rule for people who inherit individual retirement account (IRA) assets.

Sound estate planning can make the probate process run efficiently and smoothly, protecting your estate's value and legacy and preserving your family's well-being. An attorney can help mitigate the risks.

Avoid making these common mistakes that can rapidly affect your inheritance and future plans.