One of the most common questions in estate planning is whether you need a Will or a Trust … or both? First, it is helpful to understand what estate …
Estate and Gift Tax Exclusion for 2023
The IRS has announced the estate and gift tax exclusions for 2023. The estate tax exclusion has increased from $12.06 million per person in 2022, to …
New Threshold for Avoiding Probate
Generally, probate will be required to transfer assets in a decedent’s name (not subject to payable on death accounts) to his or her heirs-at-law. …
