Post Divorce Common Mistake

Post Divorce Common Mistake

After a divorce, it is important to update your beneficiary designations and power of attorney for healthcare/finance.  Although many are quick to update, it is imperative that you do not name your minor children as direct beneficiaries.   The reason is two-fold. ...
Revocable Trusts

Revocable Trusts

Revocable trusts are a great way to avoid probate for assets titled to the trust, consolodate assets, and provide management of assets in periods of incapacity. Learn more at the link below.  ...
Are exclusions and portability the bypass killer?

Are exclusions and portability the bypass killer?

With the high estate tax applicable exclusion amounts, which may become infinitely higher in the coming months (a married couple can currently pass about $11 million tax free), and the American Taxpayer Relief Act allowing “portability” (the estate of the deceased...