How does estate planning work? Estate planning is essentially the process of detailing your future wishes for yourself, your estate and your family. By taking the time now to put an effective, valid estate plan in place, you can be assured that you and your loved ones will be financially protected regardless of what tomorrow…
Why it is important for all adults to start estate planning sooner, rather than later? The sooner you start the estate planning process, the better. This is because a comprehensive, current estate plan can go a long way to protecting you and your family, as well as preserving your legacy and estate. Clarifying this answer,…
Trusts & Taxes: FAQs Taxation for trusts can be complicated, as there are special rules in place for filing and paying for trust-related taxes (as opposed to personal or business taxes). Understanding the obligations and requirements for the taxes related to trusts is important to properly managing and administering trusts and to avoiding future complications,…