A trust is an estate planning tool that is primarily used for individuals who wish to avoid probate and streamline the administration of their estate. Trust administration is informal, meaning that ordinarily there will be no court involvement. If properly funded, a Trust can save…
On December 22, 2017, the Tax Cuts and Job Act was signed by President Trump, signaling a sweeping legislative reform of the federal tax code. In November, we discussed how the new tax bill would affect pass-through entities, so now we will turn our attention…
With 2016 drawing to a close, it’s about this time of year that people start to think about their New Year’s Resolutions. Common resolutions include things such as eating healthier, losing weight, saving money, or getting more organized. However, according to a University of Scranton…
You’ve probably come across the terms estate plan, trust, will, or power of attorney at some point, but have you thought about how they might apply to you personally? This article will provide an overview of estate planning basics, as well as provide you with…
