When people think about estate plans, they probably think about an older person organizing and structuring their estate plan. The older person may even be close to death. The point is that most people think of estate plans as "something that older people do." If you...
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Month: September 2015
In the second installment of our three-part series on wills, we talked about changes in your will (and your life). Your will is a constantly evolving document, but in order to make this evolution happen, you have to remain organized and make the necessary changes to...
In our last post on the subject of wills, we talked about revoking a will. This is an important step for many people out there who are looking to create a new will or want to change their will -- which leads in to today's subject.Altering a will is another very...
In estate planning, the will is one of the most important documents involved in the plan. Any person should that holds assets or has any amount of wealth should consider drafting a will. Once that will is drafted, though, you shouldn't think that you're set for the...
The decision specifically affects an estate-planning tool called an intentionally defective irrevocable trust (IDIT). This trust allows an individual to exclude trust assets from his or her estate for estate tax purposes. The creator of this type of trust (grantor)...
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