Many people are concerned about the legacy that they will leave, or the imprint they will make on the world after they pass away. We often hear commentators discuss political decisions by the President or other politicians as being made to solidify or establish a particular legacy. For most people, however, the greatest legacy they […]
It is true that the estate tax only impacted 1% of all Trusts, however, virtually every Trust that has been drafted over the last 30 years has many provisions in it that are directly related to estate tax code sections, concepts, and strategies. As we all know, one of President Trump’s main tax promises was […]
It is a major accomplishment to see an Estate Planning attorney and prepare a Revocable Trust. If you have done this step, you are by far more prepared than a majority of Arizonans in ensuring your assets avoid probate and pass efficiently to your loved ones upon your death. Why Is Funding Your Trust Important? […]
Many clients of Dana Whiting Law have financial advisors and CPAs that recommend 529m plans as a tax efficient strategy for saving funds for their children’s education. There is no question that 529 plans can be an important part of any parent’s overall financial plan. This purpose of this article is to highlight an alternative […]
