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Category Archives: Estate Planning

How Are Survivorship Life Insurance Policies Helpful In Estate Planning?

24 Mar 2025

webtechs

Having a detailed plan for the future is crucial, especially when it relates to protecting your assets and valued loved ones. Survivorship life insurance policies can play an important role in estate planning by...

Estate Planning Asset Protection

21 Mar 2025

webtechs

Asset protection is a collection of methods and planning strategies used to legally protect individual or business assets from legal judgments, taxes, seizures, lender claims or unwanted beneficiaries like ex-spo...

Are Estate Planning Fees Tax Deductible?

19 Mar 2025

webtechs

Prior to 2018, the IRS did allow itemized deductions on eligible estate planning fees until the Tax Cuts and Jobs Act of 2017 (TCJA) changed that rule. This means that estate planning fees are no longer deductibl...

What is Estate Planning vs Will?

8 Nov 2024

Michelle N. Ogborne

Many people consider estate planning and creating a will the same, however one is just part of the other. Basically, an estate plan is a more widespread plan of action for your assets that may apply throughout yo...

What Is Portability In Estate Planning?

1 Nov 2024

Michelle N. Ogborne

Essentially, portability in estate planning is a tax provision that allows the surviving spouse to add any unused estate tax exemption of the deceased spouse to their own. What Does Portability Mean In Estate Pl...

What Is The Role Of An Executor In Estate Planning?

1 Nov 2024

Michelle N. Ogborne

In an estate plan, the executor of the estate is an individual responsible for administering the last will of a deceased person, ultimately carrying out the instructions to manage the affairs. What Is An Executo...

Reviewing & Updating Your Estate Plan

19 Aug 2024

Michelle N. Ogborne

After you have established your estate plan, make sure it stays well-constructed by revisiting it on a regular basis or at significant life events. A lot of individuals review their estate plan at regular freq...

Common Estate-Planning Mistakes

16 Aug 2024

Michelle N. Ogborne

Even though every estate plan is unique, a lot of estate planning mistakes are not. In spite of the details of your personal circumstance or your estate objectives, it's worth your while to examine these 6 common...

3 Essential Estate Planning Documents for Your College Student

3 Essential Estate Planning Documents for College Students

7 Mar 2024

Michelle N. Ogborne

You might not feel like your child is an adult when he or she takes off for college, but when they reach age eighteen, your student is deemed a legal adult. Meaning, unless you finish some estate planning steps,...

Why Is It So Important to Have a Medical Power Of Attorney?

1 Feb 2024

Michelle N. Ogborne

When you are in good health and busy, it’s easily put off thinking about what would happen should you come down with an ailment or get injured in the future. Whether or not you have any present health concerns, i...

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