It is quite common for people to create a will while making other estate plans and then think their estate planning is finished. Unfortunately, this is not the case. Estate planning should be an active, ongoing process rather than something you do once and then forget about. If you haven’t […]

Living trusts have become a popular estate planning tool for many reasons – they offer flexibility and protection while helping you avoid the probate process. However, creating the trust is not enough by itself. One of the most common mistakes that people make is neglecting to actually fund the trust. […]

The Internal Revenue Service recently released Revenue Procedure 2020-45 which applies to taxable years beginning in 2021. This announced the annual inflation adjustments for more than 60 tax provisions. A few of the major items related to trusts and estates include the following: The basic exclusion amount (which includes the […]

When a relative or other loved one dies, there is a period of uncertainty even if there is a will or trust in place. Family members are grieving and yet strained family relations can still come to the surface. Most people do not want to cause trouble during this time […]