How is a Trust Different from a Will?
A will and a trust serve two different purposes. A will is a high-level set of instructions after you pass away. For example, it will
A will and a trust serve two different purposes. A will is a high-level set of instructions after you pass away. For example, it will
A step-up in basis is a tax advantage for individuals who inherit stocks or other assets, like a home. A step-up in basis could apply
Revocable or living trusts play an important role in many estate plans. Married couples utilizing trusts in their estate plan need to consider if it’s
Choosing whether to fund a trust with your assets is an important decision in the estate planning process. Since a trust is different from a
Tax-loss harvesting is the process of selling an investment that has lost value in your portfolio to ‘realize’ the loss for tax purposes. Investors can
What’s your post-IPO stock liquidation strategy? Working for a company as it goes public can be a very exciting and rewarding experience. If you have
5 reasons you shouldn’t make nondeductible contributions to an IRA Are non-deductible IRA contributions worth it? Most high-income individuals are unable to make tax-deductible contributions to
How much charitable giving will reduce taxes depends on what you donate. The tax deductions for charitable giving will vary for donations of cash, stock,
What to do after inheriting a retirement account from a parent or relative If you have just inherited a retirement account like an IRA or
Stock options or awards can be quite complex. But it’s important to understand how stock options work, especially if it’s a big part of your