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Estate Planning Blog

Estate Planning

What Happens When Gift and Estate Tax Exemptions Change?

The federal lifetime gift and estate tax exclusion will increase for 2023, with possible increases for 2024 and 2025. However, these high thresholds are only temporary, unless there is a change in tax law.
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planning for peak earning years

What Exactly Does an Executor Do?

The main responsibility of an executor of a will is to carry out the final wishes of the person who bestowed that position of trust.
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elder couple

What Games are Best for Brain Health For Seniors?

Adults with mild cognitive impairment may be able to boost their brain power by working on crossword puzzles, according to a new study.
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Estate planning terms

Estate Planning Mistakes to Avoid

From time to time, it’s good to review why having a complete, up-to-date estate plan is so important.
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seniors

What Is The Social Security Increase For 2023?

The government has announced a change that may help ease the pain for those who depend on Social Security, along with two others that will affect those who are still working.
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estate planning with families

How to Talk to Parents about Estate Planning

With nearly 90% of caregivers providing care to a family member, and the holidays rapidly approaching, it is an opportune time to check in with both aging family members, as well as those performing caregiving duties.
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Relief for Estate Tax Returns

The Evolving Process of An Estate Plan

An estate plan works like the operating system on your phone or computer. It runs in the background. However, it needs occasional updates to keep the plan current.
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family with young children

What Is the Purpose of a Guardian?

Few will argue that the most important time to have a will is when you are parents of young children.
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mother and daughter

Ask Mom if She has a Will

My mother told me many times over the years that she had a will, and I believed her. When she passed away, we discovered that her will was 40 years old—and completely useless.
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viewing assets

Things to Consider Before Accepting Your Inheritance

The news that you will be receiving an inheritance is often bittersweet because it means that somebody close to you has passed away. But you might also have mixed emotions about your legacy for reasons related to the existing accounts or property you are inheriting. On the one hand, you might not want to disclaim […]
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