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When planning the division of your assets, you may believe in a policy of “share and share alike”, but this does not necessarily equate with fairness?

One of the first steps in determining your federal estate tax liability is determining what assets and property are considered part of your estate. The actual task of determining what is includable in your gross estate can require some in-depth analysis.

Estate planning often involves the coordinated efforts of an estate planning team consisting of your attorney, accountant, and financial services professional. However, whether establishing a new estate plan or revising an existing one, only you can provide the guidance, direction, and information needed to develop an effective plan.

A trust is designed to help individuals manage a variety of family and tax-related estate planning concerns. Here are a few ways in which trusts can be used.

When it comes to estate planning, large estates often call for particularly strategic planning. One flexible and powerful tool many estate planning professionals recommend to their clients is the irrevocable life insurance trust (ILIT). But, just where does the ILIT fit into the overall estate planning process?

While it has been said that life is not always fair, perhaps a more apt description would be that life is unequal in how it spreads the wealth.

We all know the old adage, “never put all your eggs in one basket.” Well, too often, business owners may do just that. However, not only is another saying, “variety is the spice of life,” true, but diversifying into a variety of investments also makes sound financial sense.

Even if you are just starting to build your estate and do not need complex estate planning, there are several steps you should consider taking immediately in order to protect your family and to reduce expenses in the event of your death.

When assets are not titled correctly, your property might not pass to your intended heirs.

Tips to maximize the same creativity that led you to start your business in the first place and use it to promote your product.