Life insurance trusts, particularly irrevocable life insurance trusts (ILITs), can minimize estate taxes and protect your heir's inheritance.

When a legacy arrives wrapped in conditions, it can feel less like a windfall and more like a test. The money may be real, ...

Here’s the sobering truth: the largest wealth transfer in U.S. history-almost $84 trillion-has already begun, bringing with ...

One of the main reasons I work hard and try to generate wealth is to be able to pass it on to my loved ones when I'm no longer with them. I know I'm not alone in this sentiment, either. Countless ...

A child's marriage can be one of the most hopeful and joyous occasions for a parent. Marriage can signify to a parent the official end of childhood and the start of adulthood where a mature child has ...

There are 5 times you may want to name your trust as an IRA beneficiary. Is most other scenarios this could be a huge estate ...

It can be helpful for a real estate portfolio. It can help avoid delays in passing assets down. It can be a means of securing your family's privacy. This article is intended for educational purposes ...

The probate process can be lengthy and costly. A living trust allows you to set stipulations before beneficiaries can receive an inheritance. Living trusts are revocable, meaning they can be changed ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning is one of the hardest things you might ...