Assisting Your Client: Does A Revocable Living Trust Reduce A Federal Estate Tax Bill?

Many believe that once one sets up and funds a revocable living trust, property held in the trust will completely avoid federal estate taxes after they die. In reality, a living trust does not provide any unique estate tax avoidance strategies. This article does...

Does Your Revocable Living Trust Reduce Your Federal Estate Tax Bill?

Many believe that once they set up and fund a revocable living trust, property held in the trust will completely avoid federal estate taxes after they die. In reality, a living trust does not provide any unique estate tax avoidance strategies. The primary mechanisms...

Assisting Your Client: Will My Client’s Revocable Living Trust Avoid Probate? It Depends.

If your client has established a revocable living trust (which we will refer to simply as a trust), they are one step ahead. They are on the right track in creating a comprehensive estate plan. However, they are only halfway there. Many people believe that because...

Sandwich Generation: Considerations When Caring for Both Children and Parents

The Sandwich Generation are those who are caring for both their children and their aging parents. You may be a parent that is acting as a caregiver for one or more of your parents who are no longer able to look after themselves, or you may have become more involved in...