The best way to be sure that your thoughtful estate planning will work as anticipated when the time comes is to walk through it with your planning attorney, from the viewpoint of a person beginning the task of administrating...more
12/5/2024
/ Buy-Sell Agreements ,
Distribution Rules ,
DSUEA ,
Estate Planning ,
Estate Tax ,
Individual Retirement Account (IRA) ,
Lifetime Benefits ,
Limited Liability Company (LLC) ,
Liquidity ,
Transfer on Death Deed (TOD) ,
Trusts
As the family gathers at the summer cottage or vacation property each season, the senior generation might think about how nice it would be for these multi-generational gatherings to continue for years to come....more
In my last post about shared ownership of cottages, I discussed items to consider when deciding whether to create a plan for future generations to share the ownership and use of the family cottage or vacation property. Once...more