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Estate planning for S corporation shareholders is essential because the improper transfer of shares could potentially terminate the corporation’s S status.

Nothing ignites family arguments like inheritance. If you plan to leave money to more than a few beneficiaries, for the sake of peace and your own emotional legacy, know how to divide the proceeds fairly.

Anyone familiar with estate planning can attest to the confusion that community property rules often cause married couples. For those married individuals either living in, or considering moving to, one of the community property jurisdictions, the issue strikes a little closer to home.

Your of domicile can have a significant impact on your estate plan, and may also affect your state tax liability. Also, not all states define property ownership in the same way.

Advance directives by durable power of attorney, health care proxy, or living will are relatively inexpensive and easy to establish, and should be considered essential estate planning tools.

None of us can predict what the future may bring. By planning today, you may help ensure that you have the financial resources for quality LTC should you need it.

Using these pros and cons as a guide, you can meet with your estate planning team to determine your best course of action in planning your estate—to either use or avoid the probate process.

Only through a formal legal will can you designate your own executor, guardians for minor children, and other fiduciaries.

One thing is for certain: Life is unpredictable. But, it is still important to prepare for the future and whatever it may hold.

A family foundation may serve two unique purposes within the confines of familial walls.