Planning for retirement benefits under the SECURE Act is complicated. Hear the top ten recommendations from a trust and estate expert when planning distributions.
Proposed Regulations for Estate Tax Deductions
ACTEC comments on proposed regulations under IRS Code Section 2053 and the effects on estates seeking to deduct funeral expenses, administrative expenses, loans and claims against estates.
What is Estate Administration?
Estate administration is the process by which an individual's lifetime financial affairs are wound up and their property and assets are distributed after they die. This process differs from state to state. The time it takes to administer the estate can vary based on whether the legal documents are in order, on the value and extent of the assets in the estate, and on the number of beneficiaries involved.
What is involved in estate administration? How long will it take? What happens if there is no will? ACTEC Fellows answer the questions that many people have surrounding estate administration.
When and How to Use a Prenuptial Agreement
Should you get a prenuptial agreement, aka premarital agreement, before getting married? How and when do you discuss a prenuptial agreement with your fiancé? What should you do if you plan on moving after getting married? ACTEC Fellows explain the important details in this short video.
Unconscionability of Premarital Agreements,
ACTEC Fellow Richard Gorini explores case disputes of premarital agreements, aka post-nuptial agreements, based on the concept of unconscionability under the Uniform Premarital Act.
Preparing for Your Initial Estate Planning Meeting
Experts in estate planning explain what information and documents clients need to provide to an attorney during the initial meeting to be efficient with time.
How to Talk With Your Parents About Estate Planning
It’s never easy to have end-of-life conversations with your loved ones. How do you talk with your parents about their estate planning documents such as their wills, trusts, power of attorneys, and advance medical directives?
ACTEC Fellows Jean Gordon Carter and Linda Funke Johnson have a practical discussion on what estate planning documents need to be in place and difficult end-of-life decisions with parents. Presenters review critical estate documents, funeral arrangements, and how to get started.
The SECURE Act and Retirement Account Planning Opportunities
A significant new federal law called the SECURE Act, which went into effect January 1st of 2020, has fundamentally changed how we plan with retirement accounts. ACTEC Fellow Laura Fine from New Orleans, Louisiana explains planning opportunities in light of the SECURE Act.
How to Pay for College for a Grandchild or Someone Else
What do grandparents or family need to know about paying for a family member’s college tuition? What are the taxes associated with gifting for education? What’s a UTMA, 529, or Coverdell account? Could my gift impact financial aid for the student?
ACTEC Fellows Michael H. Barker and Jean Gordon Carter, estate planning experts, explain what a grandparent, aunt, uncle or benefactors needs to know about helping a student pay for college and where to find resources to explain the options.