wealthlaw

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So far wealthlaw has created 5 blog entries.
2005, 2015

Estate Planning Overview: The Power of a Trust

By |May 20th, 2015|Uncategorized|Comments Off on Estate Planning Overview: The Power of a Trust

Could a trust be a valuable component of your estate plan? That depends on a variety of factors.

First, the basics. A trust is set up so that the trustee holds property for the benefit of other people. A living trust, which is set up while the owner of the property is still alive, is a […]

1005, 2015

Estate Planning 101: Five Mistakes to Avoid in Your Will

By |May 10th, 2015|Uncategorized|Comments Off on Estate Planning 101: Five Mistakes to Avoid in Your Will

Almost every day there is a new Hollywood lawsuit over a multi-million dollar estate. It’s easy to assume that Hollywood celebrities simply haven’t taken the time to carefully plan for the future of their estate, but the truth is, many people make mistakes with their wills, and a mistake in a will has great potential […]

2104, 2015

How to Minimize the “Death Tax” and Keep Your Estate Out of Government Hands

By |April 21st, 2015|Uncategorized|Comments Off on How to Minimize the “Death Tax” and Keep Your Estate Out of Government Hands

You worked hard your entire life to provide for yourself and your family, and the last thing you want is for the government to seize the fruits of your labor when you pass away. The Federal “Death Tax” can be as high as 40%, but with the right approach to estate planning, you can minimize […]

1104, 2015

Estate Planning: How an Irrevocable Life Insurance Trust Can Help

By |April 11th, 2015|Uncategorized|Comments Off on Estate Planning: How an Irrevocable Life Insurance Trust Can Help

Many people buy life insurance for their survivors, but don’t realize that the proceeds of life insurance are included in the estate of the insured. An Irrevocable Life Insurance Trust (ILIT) can help you avoid this issue. An ILIT is an effective way to ensure that the proceeds from your life insurance policy will not […]

2103, 2015

Estate Planning 101: Understanding the “Death Tax”

By |March 21st, 2015|Uncategorized|Comments Off on Estate Planning 101: Understanding the “Death Tax”

You’ve probably heard of the “Death Tax.” In short, it means that the government is going to reach into your pockets (if you’ve got a high enough net worth), in a very big way, once you pass away. This, despite the fact that you’ve worked extremely hard to build your wealth… and you’ve already paid […]