Do 529 Plans Fit Into Your Planning?

The 529 plan was originally designed as a savings account specifically to pay for qualified higher education expenses, including tuition, books, room, and board. Further expanding 529 plans, the 2017 tax reforms established qualified withdrawals for K-12 school tuition at public, private, and religious schools. These reforms also allow a person with a disability to roll over a traditional 529 plan into a 529 ABLE account without adverse tax consequences.

College Students Need Estate Planning, Too

Do you have a recent high school graduate in your family? Congratulations! We would like to help you send your child off to college well prepared. Implementing some basic estate planning can make the college experience safer and more secure. These are a few things your child should take care of before he or she flies the nest.

Cryptocurrency as Part of Your Estate Plan

Have you taken the plunge into cryptocurrency? If you invest in the world of Bitcoin, Ethereum, Ripple, Litecoin, etc., you need to consider investing in some unique estate planning to protect these cutting-edge assets when you pass away. Contrary to the familiar process through which we can access traditional asset accounts port-mortem, cryptocurrency accounts require…

Your Estate Plan: Distributing Assets Outside of Probate

As advocates of good estate planning, we work hard to make sure our clients understand they have a wide range of choices for reaching their goals. Generally, the goal is to avoid probate—the court process that can be costly and time-consuming. Goals are accomplished by organizing your estate so assets will be transferred without having…

What to Do Before a Loved One Passes Away

One of the most difficult things any of us will ever face is the passing away of a loved one. There is no way around it; death is an emotionally wrenching time. There are several things you and your loved ones can do to make the decisions and process surrounding a death much easier. The…