The $107,000 Mistake Generous Parents Make Without Knowing It
How gifting an appreciated asset can hand your children the tax bill along with the gift — and what to do instead. By…
-
-
The Power of Attorney the Bank Refused to Honor
Why “having a POA” isn’t the same as having one that works. A son came to see us, holding a document he thought…
-
Why There’s a Rockefeller in Your Trust
Every so often a client gets their trust home, reads it carefully (good for you — you should), and calls the office with…
-
What Is a Dynasty Trust? A Plain-English Guide
By Ledly Jennings, JD — L. Jennings Law, Private Client Group A dynasty trust is a legal structure that holds your family’s wealth…
-
What Happens When You “Gift” Your House to Your Kids?
One of the most common estate planning questions I get is this: “Should I just put my child on the deed to my…
-
How to Maximize FDIC Insurance Coverage with Estate Planning and Proper Beneficiary Designations
When clients think about protecting their money in the bank, they often assume FDIC insurance automatically covers everything. The reality is more nuanced—and…
-
What a Will, Will and Won’t do
By Cordell McDonald A lot of people believe “If I have a will, my family won’t have to go through probate.” – it…
-
The Honest Truth About Probate, and Why to Avoid it
By Cordell McDonald When sitting across from someone dealing with an estate, I often hear some version of “Why is this taking so…
-
The Biggest Estate Planning Mistake with Large IRAs (And How to Fix It)
If you have a large IRA or 401(k), there’s a good chance it’s your largest asset. But here’s the problem: It’s also your…
-
Estate Planning for Large IRAs: What You Need to Know Before It’s Too Late
If you have a large IRA or 401(k), it is likely one of the most valuable assets you own. It is also one…
