Estate planning is the process of preparing for end-of-life issues, planning for what will happen after your death, and taking control of your legacy.

As it stands, 55% of Americans don’t have any estate documents, and only 31% have a basic will, according to a recent survey by estate planning firm Trust & Will. That’s worse than the 46% who ...

You might not have to worry about estate tax planning if you simply give away your money while you're alive. As of 2023, the IRS allows individuals to give up to $17,000 per person per year in gifts.

An estate planning software firm aims to aid advisors in the complex calculations and data management aspects of the process. READ MORE: FP Alpha debuts Estate Insights 2.0 ...

Why estate planning is important Our 20s and 30s are often shaped by pivotal financial decisions and life events, such as graduating from college, buying a house, getting married or starting a family.

Estate Planning — It’s All About Your Legacy By John J. Scroggin, AEP, J.D., LL.M. Benjamin Franklin said, “but in this world nothing can be said to be certain, except death and taxes ...

2. You Need Someone to Make Decisions for You Proper estate planning allows you to designate someone you trust to handle your affairs when you die or become incapacitated.

Starting in 2026, the federal estate tax exemption is expected to jump to $15 million per person (that’s estimated to be $30 million for couples). It’s a big opportunity for high-net-worth ...