Checklist for Facilitating Multigenerational Wealth Transfers
According to studies, 70% of a family’s wealth is lost by the end of the second generation, and 90% by the end of the
According to studies, 70% of a family’s wealth is lost by the end of the second generation, and 90% by the end of the
Beneficiaries Acting As a Trustee Clients frequently name their children as beneficiaries of their revocable living trusts. Several clients want their child to be the
The term “basis” arises frequently in tax law. On your 2021 income tax return, you must declare this amount as capital gains to the IRS
Owning real estate continues to be a very popular investment vehicle for individuals and couples alike. One attractive feature of investing in real estate is
An unexpected or sudden death can be especially hard to come to terms with and you need time to grieve and live through that loss
Our modern society has become increasingly international with many loved ones now travelling and living abroad, with some family and friends changing citizenship when they
Most people want to avoid the morbid conversation around death, especially when it refers to your loved one’s demise. But when it comes to speaking
A missing loved one can be an incredibly upsetting and stressful time for the individuals left behind. Not only that, but the property of the
The first thing you should do is gather a complete profile of the property of the deceased individual such as bank and account statements, property
The Estate Tax is a tax on your right to transfer property at your death.For most individuals who pass away, a final income tax return