An estate plan is not a one-time endeavor. It's really a dynamic framework that evolves with the ebb and flow of one's life. Regular reviews are pivotal in ensuring your plan remains robust, accurate, and in alignment with your current desires and circumstances. We suggest reviewing your plan annually. Here are some benefits of conducting annual estate plan reviews: 1. Life Changes: Significant life events such as births, deaths, marriages, divorces, or even changes in relationships can … [Read more...] about Annual Estate Plan Reviews: Part I
Estate Plan
How Federal Gift and Estate Taxes Can Derail Your Estate Plans
You worked hard your entire life to provide your loved ones and yourself with financial security. The last thing you want is the government to take any of your estate. Yet, if you do not plan ahead and investigate ways to avoid federal gift and estate taxes, you could face serious consequences. As much as forty percent of your estate and gifts to your friends and family could be lost. But fear not! There are ways to minimize or negate these taxes, including the lifetime exemption, marital … [Read more...] about How Federal Gift and Estate Taxes Can Derail Your Estate Plans
Free Report: Including the Family Pet In Your Estate Plan
For most people the primary goals of an estate plan are to provide the framework for the division of estate assets upon death and to provide for family members and loved ones upon death. If you have a pet (or two) that you treat as part of the family, has it occurred to you that your pet should be included in your estate plan? Legally, your pet is considered your property, meaning your pet should be included in the division of your estate assets. Topics covered in this report include: … [Read more...] about Free Report: Including the Family Pet In Your Estate Plan
Including the Family Pet In Your Estate Plan
Including the Family Pet In Your Estate Plan from Steve P. Mendel Pet Ownership in the United States Americans are rather unique in their relationships with animals Unlike other cultures, we treat animals as part of the family. Americans own about 180 million cats and dogs. At least one cat or dog is found in almost half of all American homes. Learn more about the family pet in your estate plan in this presentation. … [Read more...] about Including the Family Pet In Your Estate Plan
Charitable Gifting In Your Texas Estate Plan
Charitable Gifting In Your Texas Estate Plan from Steve P. Mendel Charitable gifting in your estate plan can do more than just make you feel good – it can offer tax benefits as well. To understand the benefits, you need to understand a bit about some related taxes, such as the federal gift and estate tax and the lifetime exemption. Learn more about charitable gifting in your Texas estate plan in this presentation. … [Read more...] about Charitable Gifting In Your Texas Estate Plan
