What makes the HikingLawyer blog so great? The hikes of course! It also has some pretty nifty information on how your Estate Plan and Financial Plan should work together for your benefit. The articles and information found in this blog are just the starting point... Happy reading, happy hiking, and we look forward to meeting you soon.
Discover a pair of underappreciated exit planning vehicles. Charitable remainder unit trusts (CRUTs) and charitable remainder annuity trusts (CRATs) are commonly seen as estate planning tools. What frequently goes unseen is their value in exit planning for business owners.
Probate subtly reduces the value of many estates. It can take more than a year in some cases, and attorney’s fees, appraiser’s fees and court costs may eat up as much as 5% of a decedent’s accumulated assets
If you want to save for college, you may wish to consider an UGMA or UTMA account. These custodial accounts are typically created by parents and other relatives who want to gift minors without having to set up a trust.
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