Planning for Blended Families Many of our clients are blended, with children of the husband, children of the wife and/or children from both spouses. Estate planning for blended families can require special planning. You may consider your step children to be your own. But, if you haven’t adopted them, they have no inheritance rights. Below is a link to an excellent article from the American Academy of Estate Planning Attorneys about estate planning involving step children. Planning for … [Read more...] about Planning for Step-Children
What Are 529 Plans and What Are Their Advantages?
What are 529 plans? Can they be held in trusts? Read on to learn more about these plans and why to consider them. What Are 529 Plans and What Are Their Advantages? … [Read more...] about What Are 529 Plans and What Are Their Advantages?
Planning for the International Client
Estate planning for U. S. citizens who own assets in foreign countries can be tricky. Sometimes it is even more difficult to properly plan for a Non - U. S. citizen with assets in the United States. Probably most difficult of all is estate planning for the resident alien. This blog post by the American Academy of Estate Planning Attorneys looks at the estate tax treatment of U.S. citizens, resident aliens and non-resident aliens. The article then looks at an example of someone who lived in the … [Read more...] about Planning for the International Client
