Estate Planning

How to handle an inherited 401(k)

Have you inherited a 401(k) plan? Understanding the various considerations involved can help minimize your tax liability and maximize your inheritance.

February 6, 2023 · 4 min read

What changes should you make to your estate plan during the coronavirus pandemic?

February 3, 2023 · 4 min read

Why you should consider creating a testamentary trust

Testamentary trusts are common estate planning tools for those with minor children. Find out whether this type of trust is right for your situation and how to go about setting one up.

February 2, 2023 · 3 min read

Using an intentionally defective grantor trust to protect your assets

An intentionally defective grantor trust (IDGT) is an estate planning tool that can help preserve your assets for your beneficiaries. Get the details on how they work—and how they might save your beneficiaries from paying exorbitant estate taxes.

February 2, 2023 · 4 min read

Getting and using letters testamentary

If you're acting as the executor of an estate, you must first obtain an important document known as letters testamentary. While doing so is not an overly complicated process, there are some points you should know.

February 1, 2023 · 2 min read

Creating a grantor trust

In certain situations, creating a grantor trust can be an invaluable aid for estate planning purposes. Find out how to create a grantor trust and whether such a trust is the best tool for your estate planning needs.

February 1, 2023 · 3 min read

Buying and selling probate property

Probate property sold to settle an estate can be a great opportunity to buy real estate at an attractive price. Find out how and when probate property is sold and how to take advantage of it.

February 1, 2023 · 3 min read

Pros and cons of a qualified personal residence trust

A qualified personal residence trust, or QPRT, can provide estate and gift tax savings, but they also can be complicated to set up and maintain. Learn more about how a QPRT works, and whether it fits your estate plan.

February 1, 2023 · 3 min read

Pros and cons of an asset protection trust

Is an asset protection trust right for you? Find out what situations are best for such a trust and how this legal arrangement can assist in your estate planning goals.

February 1, 2023 · 4 min read

Trust account basics

Trusts often play an important role in the estate planning process. But is one right for your particular situation?

February 1, 2023 · 4 min read