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For unmarried partners, more creative estate planning strategies will be the key to counteracting restrictions imposed by laws that favor legally married couples.

By using survivorship life insurance, and addressing the issue of estate taxation now, you will have taken important step toward preserving the future of your family business.

Are you aware of these common estate planning mistakes? Some of these common mistakes can be avoided with a few, simple actions and early and thorough planning.

Whether you have concerns about potential estate taxes or wish to leverage the value of a gift to your favorite charity, a survivorship policy can help provide a relatively high benefit for a minimal cost.

Only you can provide the guidance, direction, and information your estate planning team needs to develop an effective plan.

Do you have charitable goals and interests to support? If you answered yes to these questions, you may find the following information useful.

One of the most important decisions you must make when planning your estate is selecting an executor. An executor’s duties include determining the value of your estate, paying outstanding debts, filing tax returns, maintaining a record of all transactions, and ultimately, distributing the remaining assets to your heirs.

There are many reasons why it is important to obtain an appraisal for each item of value among your possessions. Appraisals provide you the necessary documented proof of ownership and value, in the event that the information is needed for tax and/or insurance purposes. You may not be able to put a price on your antique clock, but an independent appraiser can.

Handling the death of a loved one is never easy. However, an updated inventory of vital financial information can help you make this process easier for those you leave behind.

Be sure to consult an estate planning team comprised of an attorney, tax advisor, and financial professional to help you develop the appropriate strategies for your situation.