Estate Tax - Estate Planning & Probate Attorneys

2025 Tax Year Estate Planning Related Tax Exemption Figures

by Trust Counsel | Dec 30, 2024 | Articles, Estate Tax

While high inflation is generally bad for the economy, the upside is that various tax figures adjust upwards for inflation on an annual (or other) basis. Because fairly high inflation continued during 2024, we reap the rewards of higher-than-normal increases in...

The Melting Legacy: The Icy Feuds and Creamy Conspiracies of Tom Carvel’s Ice Cream Empire

by Trust Counsel | Jan 8, 2024 | Articles, Asset Protection, Business Succession, Celebrity Estates, Estate Planning, Estate Tax, Probate, Retirement

Tom Carvel, the father of soft-serve ice cream, provided us with generations of creamy, ice-cold delights while also being the mastermind behind the franchise system in the United States. It all started back in 1934 when Tom’s ice cream truck got a flat tire on...

Have Unused 529 College Savings? Roll Them Into a Roth in 2024

by Trust Counsel | Jan 5, 2024 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial

In December 2022, Congress passed the SECURE 2.0 Act, bringing significant changes to the world of retirement savings and student loans. Two key parts of the Secure 2.0 Act are set to take effect in 2024, and they could substantially impact your family’s...

Keep the Government and Lawsuit Happy Opportunists Away From Your Children’s Inheritance

by Trust Counsel | Jun 6, 2023 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Inheritance, Trusts

If you have a current estate plan, I’ll bet you plan to leave your assets to your children outright and unprotected by age 35, or maybe a little later. Go take a look at your estate plan, and see what it does right now. And, if you don’t have an estate plan, and...

3 Simple Mistakes That Can Derail Your Estate Plan

by Trust Counsel | May 23, 2023 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Inheritance, Kids Protection Planning, Trusts, Wills

If you’re tempted to use a DIY estate planning service or have already created a plan you aren’t 100% confident in, be sure to read how these three simple mistakes can derail your estate plan and leave your family with an expensive mess. We regularly meet with clients...