Estate Planning

How to Plan for the 2025 Sunset of the Federal Estate Tax Exemption 

As of January 1, 2026, the current lifetime estate and gift tax exemptions will sunset and revert to 2017 amounts (adjusted for inflation), resulting in exemptions that will be half of what they are now. Families that face estate tax liability in 2026, roughly speaking if your assets are at, above, or will grow to $5 million at the time of death, could potentially save a significant amount by making strategic changes to their estate and financial plans now.

READ MORE
Fire extinguisher on blue wall

What is a Medicaid Asset Protection Trust?

A Medicaid Asset Protection Trust (MAPT) is a type of irrevocable trust that can help protect assets from being counted towards an individual’s Medicaid eligibility requirements. A Medicaid asset protection trust can be a useful planning tool to preserve assets from long-term care costs and to avoid probate. Learn more from our Vice President, Estate Strategies, Andrea Gray, Esq.

READ MORE
daisies in dark field

Transfer on Death Beneficiaries

In this episode of StreetSmarts with Howe & Rusling, Mary Lisa Sisson, Vice President, Director of Client Service goes beyond the bell to explain the importance of transfer on death beneficiaries.

READ MORE
Top 5 Reasons to Have a Will

Top 5 Reasons to Have a Will

Having a will is one of the most important things you can do to avoid added stress on families during an already emotional time. Not only can a will legally protect your spouse, children, and assets, but it specifically outlines how you would like your estate distributed and ensures your estate will not end up in the wrong hands

READ MORE