Estate planning professionals and families face significant challenges when dividing tangible personal property—artwork, jewelry, family heirlooms, and collectibles—among multiple heirs. Traditional ...
What Are Asset Distribution Strategies for Estate Plans? Asset distribution strategies for estate plans refer to the methods used to allocate an individual's wealth and property after their death.
Estate taxes can take a bite out of your inheritance income. While many beneficiaries can avoid the brunt of inheritance taxes, they will have to pay income tax on estate distributions. Let’s break ...
When retirement benefits are payable to a decedent’s estate, what unique obligations and opportunities does the executor of the estate have with respect to those benefits? Last month, we looked at the ...
In a groundbreaking decision that could reshape the landscape of California estate law, the Court of Appeal in the Second District Division Four has ruled in favor of trustee David Henry Simon, ...
Estate attorneys in Maryland report increased disputes over asset distribution in blended families as baby boomers die. Dying without a will leads to state-determined estate distribution, often ...