Receiving an inheritance from a loved one is a great honor. Depending on what you receive, an inheritance has the potential to change your life. However, if it’s not managed properly, you could risk ...

This son-in-law is smart, extremely money-focused and miserly. If she leaves him, I think she would not get a fair accounting ...

Trusts give you control over asset distribution, both before and after your death. Trusts can be customized to meet your goals and your beneficiaries' needs. They're tax-efficient and can protect ...

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 ...

Happy to skip a generation to save thousands on inheritance tax? A deed of variation could be the estate planning tool you ...

A Beneficiary Defective Inheritor’s Trust, also known as a “BDIT,” is a specific type of estate planning trust. The purpose is to allow an individual who has a federal estate tax problem to maintain ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

Putting assets into trust can offer many benefits, for example to reduce your inheritance tax bill or to create a legacy for ...

Your will may not control all your assets. Find out how your ex can inherit from you if you own any that don’t pass through ...