Wills and trusts are common documents used in estate planning. While each can help in the distribution of assets at…

Just how wealthy are you? You'll want to figure that out before you make any major life decisions. Your first…

What are the tax benefits of donating to charity? Through tax legislation, Congress has attempted to encourage charitable giving because…

What is lifetime (noncharitable) gifting? Gifting can be a powerful estate planning tool, allowing you to transfer your wealth to…

Are you suddenly on your own or forced to assume greater responsibility for your financial future? Unsure about whether you’re…

Don’t Forget to Include Memory Loss When Planning for Retirement When planning for retirement, an important factor that is often…

Go out into your yard and dig a big hole. Every month, throw $50 into it, but don’t take any…

  Definition of estate When people die, they usually leave behind money and other things of value (assets). In addition,…

Answer: This question may seem simple, but the answer is not so easy. In fact, there are experts who make…

Answer: In a word, no. Estate planning allows you or anyone to implement certain tools now to ensure that your…

Introduction A retained income trust is a type of irrevocable trust, whereby an individual (called the grantor) transfers assets to…

Qualified Personal Residence Trust A qualified personal residence trust (QPRT, pronounced “Q-Pert”) is a specialized form of grantor retained interest…

You’ve worked hard over the years to accumulate wealth, and you probably find it comforting to know that after your…

The origin of state homestead laws The federal Homestead Act, which was enacted in 1862, offered free 160-acre parcels of…

How Corporations, Limited Liability Companies, and Limited Liability Partnerships Protect Personal Assets Refer a friend To find out more click…

You’re beginning to accumulate substantial wealth, but you worry about protecting it from future potential creditors. Whether your concern is…

When you die, you leave behind your estate. Your estate consists of your assets–all of your money, real estate, and…

If you care about what happens to your money, home, and other property after you die, you need to do…

Whether you’re seeking to manage your own assets, control how your assets are distributed after your death, or plan for…

Giving to charity is not only personally satisfying, the IRS (and possibly your state) also rewards you with generous tax…

Federal Gift and Estate Tax Year Applicable Exclusion Amount Highest Tax Rate 2009 $1 million for gift tax purposes $3.5…

The act of giving away your property, either during life or at death, will probably be subject to one or…

Conducting a Periodic Review of Your Estate Plan What is conducting a periodic review of your estate plan? With your…

TERM LIFE QUOTE: https://www.naaip.org/gfsfinancial/compare-life# What is it? An irrevocable life insurance trust (ILIT), sometimes referred to as a wealth replacement…

Simply put, maximizing the estate planning value of life insurance means getting the most bang for your buck. That is,…

What is life insurance? A contract Technically, life insurance is a contract between the policyowner (which can be you, “the…

An executor is a personal representative who acts for you after your death. You nominate or designate an executor in…

What is a will? A will may be the most vital piece of your estate plan, even if your estate…

General information Yes No N/A 1. Has relevant personal information been gathered? Personal details Family details Current advisory team Goals…

Long-term care insurance (LTCI) isn’t for everyone. Not only is it expensive and sometimes hard to qualify for, but there’s…