What Kind of Trust Is Right for You?

Benjamin Long Trusts, Wills

“Estate planning is a crucial part of any holistic financial plan, and financial advisors often work with estate planning attorneys for guidance in this area.” …

What Is a SLAT in Estate Planning?

Benjamin Long Trusts

“If you have been thinking about making large gifts to take advantage of the current $11,700,000 lifetime federal estate tax exemption, you have probably been …

What Are Typical Estate Planning Documents?

Benjamin Long Estate Planning Attorney, Power of Attorney, Trusts, Wills

“If you want loved ones to remember you fondly, tackle your estate planning tasks. Your heirs will thank you for not leaving a legal mess …

What Is the Required Minimum Distribution for 2021?

Benjamin Long RMDs, Trusts

“Whether you need to take required minimum distributions to live or find them to be a nuisance, here are some tips to make the most …

Can I Be Sure My Estate Plan Works?

Benjamin Long Estate Planning, Estate Planning Attorney, Executor, Trusts

“Your estate plan is much more likely to be successful, when you recognize and avoid the most common mistakes and take some key actions that …

Making the Most of Exemptions and Flexibility in Gifting

Benjamin Long Trusts

“Federal estate, gift and GST tax exemptions are currently at historic highs ($11.58 million per individual in 2020). These higher exemptions are scheduled to return …

Different Trusts for Different Estate Planning Purposes

Benjamin Long Beneficiaries, Special Needs, Trusts

“Trusts are legal entities that own assets, and all trusts are not alike. They are created by a written trust document with certain provisions that …

Don’t Overlook Key Parts of Estate Plan

Benjamin Long Estate Planning Attorney, Guardians, Healthcare, Power of Attorney, Trusts, Wills

“During the past four months, more than 141,000 Americans have died of COVID-19. Anecdotal evidence suggests that the pandemic has prompted some people to get …

Why Everyone Needs an Estate Plan

Benjamin Long Advanced Directive, Estate Planning, Guardians, Probate, Trusts, Wills

“If you think of estate planning as something only ultra-wealthy people need to do, you’re not alone. That’s a common misconception.” Financial planners know that …

Inherited IRAs Require Careful Handling

Benjamin Long Beneficiaries, IRA, RMDs, Survivor Benefits, Trusts

“One wrong decision can lead to expensive consequences, and good luck trying to persuade the IRS to give you a do-over.” For those who inherit …