Estate Planning

A crucial, yet often overlooked, component of estate planning is reviewing assets, such as 401(k)s, pensions, and savings accounts, and ensuring you have listed a beneficiary for each of these.

A QLAC is an annuity that you purchase with funds from an IRA, 401(k), or 403(b) account and that guarantees you will receive retirement income on a set schedule.

Trusts are legal arrangements used in estate planning, alongside wills and advance directives.

Many power of attorney forms allow for a variety of options in designating who may act as your agent. Depending on the rules of your state, this can be one person or more than one person.

While financial planning has been at the top of many Americans’ minds, a vast majority of people have stalled in creating an estate plan.

Powers of attorney that only allow an agent to do certain things are commonly referred to as a limited power of attorney.

If you wish to maintain control during your lifetime over the assets you place in a trust, you may choose to establish a revocable, or "living" trust – most likely, along with a pour over will.

If you are considering engaging in estate planning or you may be inheriting assets, it is important to understand what the step-up in basis is and how it may affect you.

There are various benefits to creating a testamentary trust. This article discusses the benefits of adding a testamentary trust to your estate plan.

"Decedent" is a legal term that refers to a person who has died with unsatisfied legal obligations.