There’s a way to make a charitable gift and yet be able to influence where it goes and how it’s invested. This can be very handy if you want to time your charitable giving for income tax reasons. Read on to learn more. … [Read more...] about Donor Advised Funds: Too Good to Be True?
Inheritance Planning
Proactive Planning Can Prevent an Estate Contest
If you are going to make estate planning decisions that will upset one of your children or someone else that is expecting an inheritance, an estate contest should be anticipated. Fortunately, there are steps you can take in advance to prevent a … [Read more...] about Proactive Planning Can Prevent an Estate Contest
Four Documents That Should Be Part of Your Estate Plan
Estate planning can seem like a confusing endeavor, and you simply may not know where to begin. With this in mind, we are going to look at four must-have estate planning documents in this post in an effort to shrink the matter down to size. Asset … [Read more...] about Four Documents That Should Be Part of Your Estate Plan
Beware of Risky Probate Avoidance Ideas
A lot of people have heard that probate is something to avoid when you are planning your estate, because it is a hassle for the rightful heirs. There are a lot of expenses that accumulate during probate, and it is time-consuming. Inheritors usually … [Read more...] about Beware of Risky Probate Avoidance Ideas
What Is the 2021 Gift Tax Exclusion?
Many people have concerns about the taxes that can enter the picture when an estate is being administered. The good news is that the laws are actually quite favorable. You do not have to report an inheritance that you receive through the terms of a … [Read more...] about What Is the 2021 Gift Tax Exclusion?
