The consequences of dying without estate planning, even if it’s just a will, can be catastrophic. Not only is there no guarantee that your assets will be disbursed according to your wishes, there’s no guarantee that they will be disbursed to the inheritors you wish at all. Without proper estate planning, there are considerable risks…
It’s common for those engaging in estate planning to want to leave provisions for the education of their descendants. Higher levels of education have been show to lead to significantly higher wages and decreased risk of unemployment. Those benefits, in turn, usually lead to better outcomes including higher job satisfaction, improved self-esteem, improved access to…
In our latest newsletter, we dive into key legislative developments and highlight the timely steps you can take to protect and strengthen your financial future. We begin with an overview of President Trump’s early tax priorities as he begins his new term, including potential changes that could impact both individuals and business owners. Then, we…
In our recent newsletter, Nick Carrigan, Esq. highlights 2025 tax and policy shifts — and what they mean for your estate and financial plans. We’ve outlined a few of the key takeaways below and encourage you to read the full version of this informative article at the link below. Plus, be sure to sign up…
News that IRS audits are on the decline may sound like a welcome relief, especially for high-income individuals. Yet, for anyone focused on long-term wealth preservation, a fundamental shift in enforcement isn’t a free pass. Now may be the best time to review your estate planning strategy. A recent report from The New York Times highlights a consistent drop in IRS…
Over the next 20 years, an estimated $84 trillion in assets is expected to change hands from older Americans to younger Americans in what financial experts are calling the “Great Wealth Transfer”, as referenced in a study from USAToday. Our April newsletter provides helpful tips on how to leave your wealth wisely when it comes…
Disputes over terms of your will or trust can derail your final wishes, quickly drain your financial legacy, and tear apart your loved ones. But if you plan ahead of time, you can spare your family a potentially irreparable conflict. Here are some key points to consider to minimize the chance of a will or…
By Jennifer J. Carney, Esq. As pet owners, we often regard our animals as cherished members of our family. Their companionship, loyalty, and unconditional love enrich our lives in ways that are irreplaceable. However, it is essential to consider the future of our pets should the unforeseen occur. Estate planning for your pets is a…