Few of us plan our legacy for when we’ve died and how we’ll live on in the lives of others.

It’s important to have certain binding legal documents in place, if you become disabled due to an illness or accident. These aren’t easy things to talk about, but attorneys say every adult needs them.

Have you considered how to pass on your non-material assets?

You may be surprised at how easy it is to make an expensive mistake with your beneficiary designations.

Gifting can be done for other reasons during life or as bequests at death. The reasons for doing so could be to accomplish non-tax or tax goals.

Trusts are one of the most versatile items of the financial planning toolkit. However, they are not just for rich people. With the new higher estate tax exemptions, avoiding or reducing estate tax is not a concern for most of us.

Before gifting a holiday property, an individual or couple (who can gift up to $22.8 million against their lifetime estate-tax exclusion through 2025), should find out whether their children want it.

The trust has a no-contest clause and a lawyer my brother consulted with said that the risk is too great for the return.

Estate planning for a child with special needs can be challenging.

When you marry in your 20s or 30s, you might not be thinking about getting a prenup, since your assets aren’t large and your life is pretty simple. However, if you’ll be entering a second marriage in your 50s or 60s, a prenup is something you may very well want to get.