Myths and Frequently Asked Questions – Estate Planning When You Own Real Estate

Myth 1: If both spouses’ names are on the deed to their home, the house will automatically avoid probate when the first spouse passes away. Many people may assume that if both spouses are listed on the deed, their home will automatically pass to the surviving spouse...

Assisting Your Clients with Estate Planning: When Is an Estate Subject to State Death Taxes?

Educational Overview for Advisors: State Death Taxes The United States imposes a federal estate tax at death, which is based on the total value of the deceased person’s estate—everything a person owns at the time of death—and is paid from the estate itself. In...