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Can I Decline Receipt of an Inherited IRA?

Posted on: March 13, 2024
If the strategy is executed properly, an individual can disclaim interest in an inherited IRA and avoid any of the gift and income tax consequences associated with receiving the property.
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Do Heirs Pay Credit Card Debt?

Posted on: December 7, 2023
It's a morbid yet common worry: What happens to credit card debt when you die?
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Couple filling out their wills form

What Happens When the Second Parent Passes?

Posted on: October 25, 2023
However, settling the second spouse's affairs was more complex, even with advance planning. Everything from wills to banking to tax returns became more complicated.
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Tasks to Be Done After a Loved One Passes

Posted on: October 2, 2023
Even though the death of a loved one comes with unbearable grief, there are important tasks you must carry out as soon as you’re able.
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Don’t Fall for These Medicaid and Estate Myths

Posted on: September 14, 2023
Since estate issues, one way or another, affect everyone over time (since death does) and since Medicaid planning has for many years been a topic of popular conversation—and popular misconceptions in the U.S., it is not unusual that both subjects have generated misunderstandings and, in some cases, folklore that has persisted.
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What Is a ‘Step-Up’ in Basis in Estate Administration?

Posted on: July 27, 2023
The “step-up” in basis has to do with the calculation of the capital gains on the sale of property.
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Do Heirs Have to Pay Debts from an Estate?

Posted on: May 26, 2023
First, debts in a person’s estate are payable from the decedent’s assets in the course of administering their probate estate or administering their living trust estate.
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Protecting Digital Assets in Estate Planning

Posted on: April 10, 2023
Cryptocurrency has become a new wrinkle in the development of an estate plan.
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What Should Not Be Kept in a Safe Deposit Box?

Posted on: February 3, 2023
Locking away certain valuables and important documents in a bank vault could turn into a headache for you or your heirs.
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