22 Sep What happens to property values in a trust when the trustor dies?
Assets receiving the step-up are also included in your taxable estate for estate tax purposes....
19 Sep Should I put my condo in an irrevocable trust?
Whether trusts are helpful is not one-size-fits-all....
11 Sep What is an executor’s responsibility when someone dies?
There are several responsibilities to consider when you take on this role....
06 Sep What needs to be done upon the death of a spouse?
Many responsibilities fall to the executor of the estate. ...
28 Aug What’s the best way to avoid the inheritance tax?
The inheritance tax is based on the relationship of the heir to the deceased....
25 Aug Am I a beneficiary or an heir? What’s the difference?
If there's a will, there's no guarantee you get an inheritance....
22 Aug Should I put my house in a trust for children to inherit?
People often make costly mistakes when they plan for passing on real estate....
21 Aug I’m a Class D beneficiary. Will I owe inheritance tax?
The inheritance tax is based on your relationship to the deceased....
17 Aug How can my son spend money in his QIT?
If you need Medicaid, this account can shield some of your income. ...
16 Aug What should I know about this account in my name with Mom?
Shared accounts will show who contributed and who took money out. ...