Estate planning: It’s all about being human. The short-term turmoil and the long-term decline in the market and the economy has forced clients to face the fact that what was certain six months ago in their financial, social and personal life is no longer so.
Artwork, farmland, and unique assets can be protected from valuation changes and capital gains taxes when held in a special trust that allows the grantor to use the asset, but gift the remainder.
How can I benefit from changes to the income tax code due to the Covid-19 pandemic? Here are six items to check today.
Estate plans combine three elements: learning from the past, adapting to the present and anticipating the future. The document generators codify learning from the past through their processes and procedures. A Power of Attorney Holder or a Personal Representative adapts to the present. Only planning, with the help of a professional advisor, anticipates the future.