Regardless of one’s feeling on estate planning, there is one estate planning document that all Americans should have: A Health Care Directive.
For some savers, the appeal of moving assets to a Roth individual retirement account often stems from the tax-free income it will deliver in their golden years.
The death of a beneficiary scenario can arise in settling either a probate estate or a trust administration. The beneficiary’s death affects both the administration of the first decedent’s probate estate or trust and the administration of the beneficiary’s own estate.
I want to save on estate and inheritance taxes for my heirs.