Estate planning is a crucial part of any holistic financial plan, and financial advisors often work with estate planning attorneys for guidance in this area.
The Tax Cuts and Jobs Act raised the federal estate tax exemption considerably. Before the tax reform law, it was $5.49 million per person for 2017. It’s up to $11.7 million for 2021 ($23.4 million for a married couple).
Your DIY estate plan might miss important details.
There is a general understanding that every adult should have a last will and testament. However, for most people, exactly how that will is used remains a mystery.
Legendary actress Nichelle Nichols, best known for her role as Lieutenant Uhura on Star Trek, is caught in the middle of what has been a years-long conservatorship battle.
Reverse mortgages continue to be one of the most misunderstood retirement and long-term planning tools. Many myths surround the reverse mortgage program.
A second marriage can be a balm for the heartache of losing a spouse, be it through death or divorce. Nevertheless, if there are children or other heirs involved, you should consider carefully what will happen with your money and possessions when you pass on.
Talking about and thinking about death can be very uncomfortable. But avoiding the issue altogether and leaving yourself-or more importantly, your family members-unprepared for such a reality is even worse.
Kurre Schneps LLP is pleased to announce that its managing partner, Robert J. Kurre, has been selected for inclusion in the The Best Lawyers in America, 28th edition, in the area of Elder Law
The family of entertainer James Brown has reached a settlement ending a 15-year battle over the late singer’s estate, an attorney involved in the mediation said Friday.
If you don’t have a spouse or children, you might think you don’t need to do estate planning. However, if you have any assets, any familial connections, any interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.
The estate tax law has no effect on the many non-tax reasons why people should engage in estate planning. Read here to learn about some of the common non-tax reasons why estate planning is necessary.
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