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Estate Planning is a Process, Not a One-Time Event

Estate Planning is a Process, Not a One-Time Event

Estate planning requires clients to prepare for a future they won't be here to see. That idea can be disconcerting, so it's no surprise that

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The Latest on Mr. Cub’s Bench-Clearing Estate Brawl

The Latest on Mr. Cub’s Bench-Clearing Estate Brawl

The widow of Ernie Banks is scheduled to meet in person next month with the longtime caretaker named as the sole beneficiary in his will

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A Business Transfer Needs Planning, Just Like Your Estate

A Business Transfer Needs Planning, Just Like Your Estate

Business and asset owners (including farming operations), at some point in their career lives, must ask the eternal question, “What happens when I’m gone?” Answering

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How to Start Talking to Your Parents about Finances

How to Start Talking to Your Parents about Finances

Addressing your aging parents’ finances is not easy. Several years ago, when Gwen's mom started showing signs of memory loss, she had conversations with her

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New Details on the Estate Tax Change Discussion

New Details on the Estate Tax Change Discussion

The estate tax draws heated debate between advocates and opponents, with some referring to the levy as a "death tax," while others argue that the

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Two Documents that Can Help Convey Your Final Wishes

Two Documents that Can Help Convey Your Final Wishes

Several years ago, a man passed away and left everything to the stepmother of his children. The children were not nearly as concerned about the

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Incentive Trust Tips

Incentive Trust Tips

An incentive trust is any trust that rewards beneficiaries with distributions for desired behavior. They are popular for people who fear that their heirs will

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Check with Your Estate Planning Attorney about New Laws Now in Effect

Check with Your Estate Planning Attorney about New Laws Now in Effect

Determining a process for passing assets on to heirs is an integral part of the estate planning process. But it's not always easy to determine

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Should I have a TOD (Transfer on Death) for my Brokerage Account?

Should I have a TOD (Transfer on Death) for my Brokerage Account?

Life insurance, IRAs, 401(k) plans and other retirement accounts pass directly to the beneficiaries you designate outside of your will. Brokerage accounts, on the other

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Late NBA Owner’s Estate Owes Taxes, IRS Says

Late NBA Owner’s Estate Owes Taxes, IRS Says

In a ginormous estate tax battle denouement, the Internal Revenue Service just won $388 million in a settlement with the estate of Detroit Pistons owner

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Avoid These Big Estate Planning Mistakes

Avoid These Big Estate Planning Mistakes

Good luck to your loved ones when you die, because you are going about your estate planning all wrong. According to a recent study from

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Millionaires Don’t Like Estate Planning?

Millionaires Don’t Like Estate Planning?

Despite their wealth and business savvy, more than one-third of high-net-worth families have not taken the most basic steps to protect and provide for their

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