Estate Planning & Taxation

Year-End Tax Planning Considerations

For many, year-end tax planning considerations includes making charitable contributions. When determining how much to contribute, there are number of issues that come into play. The beauty of most charitable gifts is that you get the full benefit of the face value of the asset. Careful planning is necessary to avoid financial and tax pitfalls.

Importance of a Properly Drafted Power of Attorney

A power of attorney (POA) is one of the three documents commonly used to implement an estate plan (a will and a living will being the other two). At least every five years, an estate plan should be reviewed to consider changes in the laws, your family and financial situation, your intentions regarding fair and equitable distributions under your estate plan and your probate assets (distributed per your will) and non-probate assets (distributed per beneficiary designation or by law).