Ashes to Ashes, or Ashes to Soil? Is Human Composting Real?
As more people look to adopt environmentally sustainable practices not only in life, but now also in death, ‘green’ alternatives may become more of a norm in the future.
Mitigating the Impacts: Sunsetting the Tax Cuts and Jobs Act
The Tax Cuts and Jobs Act (TCJA) took effect on Jan. 1, 2018, and impacted personal income taxes, estate tax rules, capital gains rules, and much more. The TCJA is scheduled to sunset at the end of 2025. This will lead to significant changes for taxpayers.
8 Frequently Asked Questions on Last Wills and Testaments
Last wills and testaments (also known simply as wills) are not just for the wealthy.
Do You Need a Spendthrift Trust?
Creating a spendthrift trust for your loved one can limit their spending and your protect wealth.
What Are the Drawbacks of Naming Beneficiaries?
Although in many situations the advantages outweigh the disadvantages when selecting beneficiaries, there are always exceptions.
The Qualified Personal Residence Trust
People seek effective estate planning strategies to minimize potential tax burdens and protect their assets. The qualified personal residence trust (QPRT) is a valuable tool in this area. This specialized trust enables individuals to transfer their primary residence or vacation…
Probate Litigation: An Overview
Probate litigation occurs during the probate process, the legal process that administers a deceased individual’s estate. When someone passes away, their assets and debts must be settled and distributed according to their valid will or the applicable state laws of…
A Brief Overview of Elder Law Attorneys
Currently, more than 51 million Americans are 65 years or older, and that number continues to rise. Medical and technological advancements allow seniors to live longer and better lives than ever before. The expanding needs of the US aging population…
What Are the Benefits of Charitable Trusts?
Would you like to preserve your assets for your children or other loved ones while minimizing tax consequences at the same time? If so, a charitable trust could be a good tool for you to use. Charitable trusts provide individuals…
SECURE 2.0 Act of 2023
Since 2006, the Pension Protection Act has been the only significant change in retirement legislation since the Setting Every Community Up for Retirement Enhancement Act (SECURE). The impact of the SECURE Act on some retirees, near-retirees, and their future beneficiaries…
