By eparkhurst | Published May 5, 2017 | Posted in Estate Planning | Leave a comment
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Estate Planning
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⟨ Worried about challenges to your estate plan? Make it no contest
Estate planning is all about protecting your family and ensuring that your wealth is distributed according to your wishes. So the idea that someone might challenge your estate plan can be disconcerting. One strategy for protecting your plan is to include a “no-contest” clause in your will or revocable trust (or both). What’s a no-contest Read More
Read MoreAsset valuations and your estate plan go hand in hand
If your estate plan calls for making noncash gifts in trust or outright to beneficiaries, you need to know the values of those gifts and disclose them to the IRS on a gift tax return. For substantial gifts of noncash assets other than marketable securities, it’s a good idea to have a qualified appraiser value Read More
Read MoreAcquaint yourself with the Roth IRA as an estate planning tool
A Roth IRA can be a valuable estate planning tool, offering the opportunity for tax-free growth as long as it exists and requiring no distributions during your life, thus allowing you to pass on a greater amount of wealth to your family. While traditional IRAs are more common, there’s no time like the present to Read More
Read MoreEstate Planning Seminar – November 10
On November 10th at the Rolling Hills Country Club, attorney Eric S. Parkhurst will be presenting a seminar with Sunflower Bank and Betts Consulting on Estate Planning. The two hour seminar will begin at 6:00 pm and if you are interested in attending, please RSVP to Mr. Parkhurst directly by emailing him at [email protected].
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