Seemingly, a 75% success rate qualifies as a win in many of life's endeavors.
A writer and advocate for the elderly notes what he describes as a stark dichotomy regarding the financial outlays made by legions of families across the United States for different purposes.
You've created a life for yourself, over the years you've purchased property, collected personal possessions and hopefully been able to save some money. But what happens to everything you've worked for once you're gone?
When it comes to effective estate planning, should the bottom line be predominantly focused on maximizing or minimizing?
A power of attorney is a legal document that authorizes someone to act on your behalf, and it's considered an essential tool of modern estate planning.
Readers who regularly troll financial sites for data and information likely see the occasional reminder from syndicated pundits to review their holdings.
Lots of people roll up their sleeves and save a few bucks by changing the oil in their cars.
Imagine that, as a California business owner, you intend to transfer your ownership interest and retire to a more leisured life that you have long envisioned.
The above heading for today's blog post states what any proven estate administration and tax attorney knows to be true in the most fundamental sense, namely this: Optimal business succession outcomes are rewarded by principals who proceed proactively and in a manner best linked with their core objectives.
It would be great if an estate plan were something you could just set and forget, but life rarely works that way. Many people take responsible action and develop an estate plan that will provide tax savings and protect their assets for their spouses and children. If they don't update those plans to reflect changes in life and the law, however, those careful plans may turn out to be ineffective.