Sometimes no plan at all could be better than making these unfortunate mistakes. Don't let your best intentions mess things ...

LLC: Mr. Smaldino owned and operated numerous rental properties. He put 10 of his rental properties into a family limited liability company (LLC), which he owned through a revocable trust. Having ...

Unless you spend your winters in Aspen and your summers in the Hamptons, you probably don’t have to worry about paying federal estate taxes on an inheritance. In 2021, the federal estate tax doesn’t ...

It's often said that the only certainties in life are death and taxes. But for many people, the two converge when it comes to estate planning, the legal process of drafting wills and trust. This week, ...

This article discusses some strategies that married taxpayers can use to manage their estate tax liability by creating certain types of trusts. During the past 10 years, the federal estate tax has not ...

What will happen to your assets when you die? This may not be a fun question to contemplate, but it is an important one, and one a financial advisor who specializes in estate planning won't let you ...

Though estate planning isn't the most enjoyable aspect of personal finances, it's one of the most crucial. Getting your affairs in order ensures your loved ones aren't left scrambling over your assets ...