Category: Estate Planning

Estate planning may seem like something you don’t need to think about until later in life, but for young families, starting sooner rather than later is essential. Life is unpredictable, and planning ahead ensures your family is protected, no matter what happens. 

Estate planning is a smart step toward...

Estate planning is critical for high-net-worth individuals in the Washington D.C. area. While estate planning is crucial for everyone, high-net-worth individuals face unique challenges and opportunities that require a more nuanced approach. Advanced strategies are essential to protect assets, minimize taxes, and preserve your legacy. 

Protecting Wealth...

Many people believe that Estate planning is meant only for the wealthy or those with families and children of their own, however this is simply not true.  Everyone, including single individuals, should have a plan for how their assets are distributed at their death. Without a plan, you have no control.  Instead,...

How are Survivorship Life Insurance Policies Helpful in Estate Planning?  A survivorship life insurance policy, also known as survivorship insurance, SUL insurance, second-to-die life insurance, joint life insurance, or joint survivor life insurance, will cover two people under a single policy. The policy pays out death benefits only when both people...

Choosing a successor trustee can be one of the most important decisions you make in designing your trust because it can affect the lives of your beneficiaries for several years. While grantors often select family members, friends, or even family attorneys to be successor trustees, many factors should be considered when selecting...

Creating an Estate Plan for a Child with Special Needs  The phrase special needs may apply to many different kinds of learning disabilities or cognitive, physical, or behavioral issues, and a person could be born with a disability or develop one later in life because of an...

Retirement can be a tricky subject for many business owners. While some will be eager to discuss the topic, many others may not be ready to contemplate it. When you have concerns about transferring your family business, it will always be in your best interest to ensure you are working with a...