Choosing the right estate administrator is a vital step in ensuring your wishes are carried out efficiently and in accordance with your plans. This role, whether as an executor for a will or a trustee for a living trust, requires responsibility, reliability, and sound judgment. To guide your decision, consider these five essential tips. 1.) Select Someone You Trust At the core of choosing an estate administrator is trust. This
It may be possible to double your gifting by using spousal “gift-splitting.” Spouses may elect to split gifts made to others. If they do so, they must split all the gifts made by the other spouse to others for that year. For example, let’s say John made gifts of $30,000 to each of his five siblings, Aaron, Betty, Charlie, Darlene, and Ed...Read More
Aside from his genius, Steve Jobs had two characteristics that have been repeatedly highlighted by the press since his death: he was a meticulous planner and he was an intensely private man with regard to his personal life....Read More
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