Estate Planning: What You Need to Know

Estate planning rarely gets the attention it should get. Are you saving for your children’s education, purchasing a second home, or thinking about when and how to retire? These are all topics that people talk about with their friends and their financial advisers but deciding what happens to your remaining assets when you die is […]

When An Estate Planning Attorney Can Help

Let’s say your mother has a trust that includes stocks that were your father’s. Possibly the stocks started as an employee purchase and were touched only two or three times over the years. Your mother receives a quarterly dividend from the stock, typically half in cash and half to the stock growth. So, what would the tax consequences be if this stock is left upon her death to be split among her three surviving children? Would it be better to start cashing the stock before she passes and put it in a trust account for her needs?