Posts Tagged: Estate Planning

Ross Polking Thumbnail Photo

Too often, estate planning has been dominated by tax issues. With the recently increased exemption amounts, fewer families will have to write a check to Uncle Sam upon the passing of a loved one. However, challenges still exist that are not focused on mitigating taxes. Avoiding Probate. Probate is the court-supervised process of transferring property from a decedent’s estate to the named heirs. Much has been made of the “need” to...

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Scott J. Snyder, JD, CFP®, CFA, CIMA®

Much has been written about the estate tax law changes that provide higher exemption amounts and portability. For most people, estate planning has been greatly simplified, but in several situations, planning issues remain. Current law imposes estate tax on wealth transfer exceeding a person's “exemption amount.” Portability allows a widowed spouse access to any unused exemption amount belonging to their deceased spouse. If a widow(er) remarries, however, this exemption...

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Martha Gribble

Estate planning is a dynamic process that should not only be thought of in hindsight following a possibly life-threatening health condition or death of a loved one. It should begin immediately and continue throughout your lifetime. Individuals should set in motion arrangements for the future of their assets and employ an array of strategies to ensure that those assets go to the intended parties and that their survivors are supported financially....

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