When you assume the role of surrogate decision-maker, it is crucial to understand the patient’s wishes and values.

Estate planning is an important consideration for all couples. However, for LGBTQ+ couples (or former couples), it may be more important than they realize to review their circumstances and see whether they have an estate plan that accurately reflects their wishes.

While financial planning has been at the top of many Americans’ minds, a vast majority of people have stalled in creating an estate plan.

Required Minimum Distributions (RMDs) are the minimum amounts a retirement plan account owner must take out each year. It is the responsibility of each retiree to take out the correct RMD from their retirement account each year.

If you wish to maintain control, during your lifetime, over the assets you place in a trust, you may choose to establish a revocable, or “living” trust – most likely, along with a pour over will.

Powers of attorney that only allow an agent to do certain things are commonly referred to as a limited power of attorney.

Arranging what happens to your digital assets and information when you pass away has become an increasingly essential component of comprehensive estate planning.

The basic idea behind a QPRT is to transfer the equity in a qualified residence out of a person’s estate and to their heirs while reaping lower transfer tax consequences.