Category: Estate Planning


Estate Tax Audits

Estate tax returns have become relatively rare over the past decade. Since the early 2000’s, the estate tax exemption has been quickly rising, resulting in far fewer estates having to file estate tax returns. Because the number of estate tax returns has been dropping, the IRS has had a statistically greater opportunity to scrutinize the  … Read more

When to Modify Your Estate Plan

If you have ever put together your estate plan, or served as an executor or trustee, you know how much time and energy go into the planning process. You know that it is a labor of love—as you are literally trying to provide for the future of people whom you care about. It is also  … Read more

The Importance of Proper Estate Appraisals

The Importance of Proper Estate Appraisals

Executors have the most important role in the probate process. They are responsible for everything from filing the will and death certificate and opening the probate process, through the final order and distribution of assets. In fact, they have legal duties to the estate and can be held personally liable if they breach these duties.  … Read more

Breach of Fiduciary Duty

Breach of Fiduciary Duty

When preparing a will, one of the big decisions is who to appoint as executor. This is the person or firm that you are putting in charge of taking your estate through a probate court. If you pass away without a will, an administrator is appointed in this role. Why is choosing this representative such  … Read more

Placing Conditions in Trust Funds

Placing Conditions in Trust Funds

There are many reasons to establish trusts when estate planning. One common reason is that the individual planning their estate has doubts about the emotional maturity or financial responsibility of their beneficiaries. This is particularly the case when it comes to children who are minors or young adults. It is difficult to believe that your  … Read more