How Are Trusts Taxed? - A trust can be a powerful estate-planning tool, but contrary to popular belief, trusts do not make all taxes disappear. The families who set them up still need to consider tax consequences. To start with, trust beneficiaries typically need to pay tax on the interest income …
Distribution of Assets
Just How Much Is Jewelry Worth?
Just How Much Is Jewelry Worth? - Evaluating jewelry and arriving at an accurate value is not easy. That's why dividing up the jewelry in an estate can lead to frustration. You may be entrusted with safeguarding family heirlooms for future generations. You may be expected to divide them for the …
Family Heirlooms and Estate Planning
Estate planning involves more than just your cash and personal property. A mistake that some clients make is overlooking family heirlooms, which often have more sentimental value than monetary value. Part of determining how to distribute your assets after death includes distributing heirlooms that …
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