Federal Estate and Gift Tax Rates

Federal Estate and Gift Tax Rates

In 2011, Congress revised the federal estate tax rules, setting the individual lifetime combined estate and gift tax exemption at $5,000,000 (pegged to inflation).  From 2013 to the present, any individual with a gross estate exceeding the exempt amount is taxed at a...

Who do you trust to handle your affairs?

When creating your estate plan, you say exactly where you want to leave your assets.  But, who is responsible for achieving your plan and making sure that your wishes are honored?  In a Will, this person is referred to as a Personal Representative; in a Trust, it is a...
How Likely Is That To Happen?

How Likely Is That To Happen?

By: The American Academy of Estate Planning Attorneys The odds of incapacity or premature death are likely higher than you realize. Even favorable odds do not guarantee that you will beat the odds. Did you know that even if you are in your 20s right now, you stand a...