People often believe that Estate Planning is a “simple” process designed only for those whose estates will exceed the Applicable Exclusion Amount of $12.92 million in 2023. That myopic view causes many who should undertake Estate Planning to skip it altogether or to look for ways to complete the planning on their own without the services of a qualified Estate Planning attorney. As the last article in this two-part series demonstrated, numerous taxes impact Estate Planning. This second part of this series continues by exploring the various non-tax reasons to create a comprehensive Estate Plan. Read on to learn more.
- Marriage, Divorce, and Parenthood: Estate Planning During Life Changes - September 28, 2023
- What is a Power of Attorney and Why Do I Need One? - September 21, 2023
- Choosing the Right Executor for Your Will - September 14, 2023