Creating and Funding GRATs

A grantor retained annuity trust discounts the value of larger gifts and freezes them at their currently discounted values rather than at the time of death values. This works very well in two distinct circumstances that are currently happening in the market which are very low IRS interest rates and depressed values of investments like… Read More »

Don’t Let Your Family Be Caught Off Guard

No one wants to be in the position of discovering that a loved one did not have an estate plan. Unfortunately, when this happens, it can put your family in a very difficult situation in which they are unsure how to proceed. You can do your due diligence and make things easier for your loved… Read More »

Do I Have to Update My Estate Plan Every Time I Move?

It can be very complicated to move to a new location, but this can also raise important questions about your existing estate plan as it relates to guardianship and subjects in a will. If you move frequently because of your job, it is important to have a relationship with an estate planning attorney in your… Read More »

Should You Gift Your Estate In 2020?

Some insight seems to suggest that high net worth baby boomers should think carefully about gifting their estates in 2020. The largest generational wealth transfer in history is on the horizon for the United States. It’s expected that today’s millennials will inherit upwards of $30 trillion in property form baby boomers and, of course, it… Read More »