Estate & Trust Administration Archives • Page 4 of 4 • Tully law group

Planning ahead will avoid chaos for your loved ones and will also make certain that your wishes are honored upon (more…)

Now that the new year is upon us there is some news of importance regarding United States tax laws, and (more…)

Supplemental Needs Trusts (SNTs) provide a supplemental source of funds for people with disabilities. Because of certain legal limitations on (more…)

A Living Will is a health care advance directive that allows you to give written instructions that explain your wishes (more…)

An ethical will reflects the “voice of the heart.” Think of it as a love letter to your family. Every (more…)

Generally, you must have owned and lived in the property as your main home for at least 2 years in (more…)

State death taxes come in two basic forms: inheritance taxes and estate taxes. Prior to 2005, many states levied an (more…)

Proper IRA planning is now more important than ever due to the latest IRS required minimum distribution rules. Quite often, (more…)

1. Read your documents. Are all the names right? Have all of your will or trust beneficiaries been listed? Are (more…)

The income taxation of trusts is governed by Subchapter J of the Internal Revenue Code, §§ 641 through 692. For (more…)

Estate & Elder Planning Misconceptions