Estate planning

Latest Stories

Adulting: Two Legal Documents Your 18-year-old Child Needs

By Margaret Muldoon | August 18, 2020

You’ve raised an amazing child. And now, he or she is ready to embark on a new journey. Maybe it’s off to college. Perhaps it’s trade school, the military, or… Read More

5 Considerations When Selecting a Beneficiary

By Margaret Muldoon | May 26, 2020

You would think that executing an estate plan is the final step in the estate planning process — but there is still a very important decision to be made. Some… Read More

5 Key Elements of an Estate Plan

By Margaret Muldoon | May 7, 2020

Did you know that the number of American adults that have a will has dropped from 42% in 2017 to 32% in 2020?1 Although estate planning is an important part… Read More

The SECURE Act: What It Means to Your Retirement and Your Estate Plan

By Margaret Muldoon | January 31, 2020

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the most significant retirement reform legislation in more than a decade. It was signed into law on December 20,… Read More

How Life Insurance Can Help You Create a Legacy That Spans Generations

By Zach Levine | December 19, 2019

Proper legacy planning requires careful thought and preparation. Many people never get around to putting their wishes in writing, causing heartache and perhaps financial difficulties for their family when they… Read More

Does Your Plan Have a Special Needs Clause?

By Margaret Muldoon | September 19, 2019

When creating your estate plan, it’s important to consider not only today’s circumstances, but also to plan for the uncertainty of tomorrow. This is why everyone should have a special needs clause in their estate documents.

Create a Richer Legacy, Not a Bigger Tax Headache

By Hunter Gimbel | January 22, 2019

Under the new tax law, the amount that can pass free and clear of federal estate and gift taxes has almost doubled, from $5.49 million to $11.18 million per spouse. It is possible to gift this money during your lifetime, but the time to act on this is now, because in 2026 the exemption will revert to the old amount.

Make Your Wishes Known: The Benefits of Pre-planning a Funeral

By Margaret Muldoon | December 11, 2018

When someone passes away, no matter how old they are, it’s difficult for the family to make decisions about how to handle the funeral. But if you have your plans outlined, it takes a lot of the stress off the family. Think big about your estate plan, but don’t forget the little things.

Tax-efficient Transition Planning for Family-owned Businesses

By Zachary Meissner | November 20, 2018

Even if a family-owned business has a strategic transition plan in place, there are a variety of ways that unforeseen tax implications can disrupt a successful transition.

Common Estate Planning Myths

By Margaret Muldoon | October 16, 2018

Many people have the wrong ideas about wills, trusts, and estate plans. After all, estate planning isn’t something most people think about every day and something they may try to avoid. These misconceptions often prevent people from taking action that will save their loved ones countless headaches and difficulties.