Affluent families have long worried about preserving wealth and ensuring its smooth transfer through generations. In estate planning, the generation-skipping transfer tax (GST) plays a significant role. The US government established the GST to prevent individuals from avoiding estate taxes…
Limited liability companies (LLC) fall between partnerships and corporations in their structure. A hybrid legal entity such as an LLC is well known for its financial management benefits, yet LLCs can also serve as a powerful estate planning tool for…
Some of your heirs, whether minor or adult, may not agree on family matters, especially when it comes to inheriting your estate. It is not uncommon for relationships to change and intensify when a person dies. This is because underlying…