Typical estate planning focuses on avoiding the problems that arise at the point of death. Dynasty Estate Planning focuses on avoiding the problems that arise next, after avoiding probate and estate taxes. There are seven hallmarks of a Dynasty Estate Plan.
Qualified Charitable Distributions from IRA accounts are a win-win. Go ahead. Make that charitable gift in a way that maximizes the amount going to charity and minimizes the amount going to taxes for the politicians to play with. Who do you trust more to do good things with your money, your favorite charity or the politicians?
The History and the Problem of Gun Trusts. Just after the end of Prohibition, in 1934 Congress passed the National Firearms Act (“NFA”) The NFA has been amended from time to time. There was the Gun Control Act of 1968, the Firearm Owners Protection Act of 1986, the Brady Hand Gun Violence […]
Will Your Last Will and Testament be a Blessing or a Curse? This Last Will and Testament may be a joke, but it is no joking matter when poorly thought out estate planning results in family conflict. The ugliest and most expensive litigation is between family members over the division of […]