Tag Archives: Trusts

Do I Need to Establish A Trust

Trusts are used for a variety of purposes. For some wealthy individuals, a trust can be used to minimize the impact of the federal estate tax. For more than 99% of us, the federal estate tax isn’t a problem; estates that are less than $5,450,000 (for estates of persons dying in 2016) will not have […]

Do I Need A Will?

There are a number of reasons to make a will: A will allows you to decide who will inherit your property, and who will carry out your intentions. Arrangements can be made to appoint a guardian or trustee for your minor children. If an individual dies in an accident, the Executor of their will is […]