What Is a Testamentary Trust and Do You Need One?

Benjamin LongBeneficiaries, Estate Planning, Survivor Benefits

Understanding Testamentary Trusts and Their Benefits “Utilization of a testamentary trust for the surviving spouse is an excellent idea, whether the survivor is the husband …

How Does Planning for a Special Needs Child Work?

Benjamin LongDisabled, Elder Law, Estate Planning, Special Needs

The Importance of Strategic Funding for Special Needs Trusts “When parents start the planning process for a child with special needs, they usually work under …

Making the Most of Exemptions and Flexibility in Gifting

Benjamin LongTrusts

Introduction to Gift Planning with Flexibility “Federal estate, gift and GST tax exemptions are currently at historic highs ($11.58 million per individual in 2020). These …

Don’t Shrink Your Estate With Last Minute Tax Planning

Benjamin LongCharity, Estate Planning Attorney, Gift Tax, Taxes

Estate Planning Strategies for Minimizing Taxes and Transferring Wealth “Estate planning strategies such as family limited partnerships and gifts to charitable trusts are part of …

Does Your Estate Plan Need a Will or a Trust or Both?

Benjamin LongAssets, Beneficiaries, Estate Planning, Heirs, Probate, Wills

Revocable Trust vs. Will: An Overview “One of the most fundamental choices you can make as you’re thinking about how to pass your assets on …