Don and Theresa were married fifteen years, each had children from a prior marriage. They lived at a Continuing Care Retirement Community (CCRC) that required
“I need to amend my irrevocable trust,” John said. “You can’t amend something that’s irrevocable,” I answered. “Are you sure that the trust you’re talking
The Unlikely Supporters of Estate Tax Requests often come from the most peculiar places. You wouldn’t guess, for example, that some wealthy, influential families supported
Beware of financial advisors and estate planning attorneys who suggest using a Charitable Remainder Trust (CRT) as the answer to the SECURE Act’s mandatory 10-year
Recently several new clients have arrived at my office explaining that they don’t need revocable trusts. “My banker told me simply to designate all of
Will the proposed tax legislation currently before Congress eliminate the step-up in tax cost basis? What exactly do I mean when I refer to a
In the 1970s my grandparents owned a men’s clothing store located in Indianapolis’ Westlane Shopping Center at 71st Street and Michigan Road. Next door was
Because in recent weeks I’ve seen so many erroneous gift tax returns, today’s column is devoted to what clients need to know before having their
The Bill Senator Bernie Sanders released his proposed tax reform legislation on March 25th which outlined major changes to the estate and gift tax rules.
Too often an overlooked yet important element of your estate plan is your 401(k) and IRA beneficiary designations. Financial planners deem these “matter of fact”
