Category Archives: Estate Planning

CLE on 2018 Tax Updates for Trusts and Estates

The National Business Institute is holding a webinar entitled, 2018 Tax Updates for Trusts and Estates , on Monday, December 17, 2018, at 9:00 a.m. to 12:15 p.m. Central. Provided below is a description of the event: Program Description The….. To continue reading this legal news please click Read full information...

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Article on Standing and Error Correction in Probate

R. Kevin Spencer recently published an Article entitled, Standing and Error Correction in Probate, Tex. Tech Est. Plan. & Cmty. Prop. L. J., Vol. 10, No. 1 (Summer 2018). Provided below is an abstract of the Article. Estate and guardianship….. To continue reading this legal news please click Read full information...

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The Benefits of Tax-exempt Institutional and State-sponsored Contribution Plans

The desire to ensure that grandchildren receive a high-caliber education can now be met with transfer of a 529 plan contribution fund to an estate or trust. Internal Revenue Service (“IRS”) 26 U.S. Code, Section 529 is the federal statutory rule guiding 529 plan tax-exempt transfer of individual investment contribution accounts. An extension of the “generation-skipping” legislation within federal and state tax laws, education funds are a popular estate planning tool that allows family elders to set aside funds earmarked for their grandchildren’s college tuition and expenses. What is a 529 plan? Investment contribution funds, 529 plans are state and education institution sponsored programs. An investor can elect a tax-advantaged savings plan or prepaid tuition plan to secure tuition rates to fund a child or grandchild’s college expenses. 529 savings plans allow participants to make cash contributions, and tax-free withdrawal of principle and….. To continue reading this legal news please click Read full information...

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5 Ways to Know you Need a Guardianship for Mom (or Dad)

Many adult children see that once their parents reach a certain age, their roles may reverse. The child may be taking care of the parent more and more. But when does the child know that it is time to take….. To continue reading this legal news please click Read full information...

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Giant Firm Finds Proof is in the Principles

Ronald Blue Trust, a former registered investment advisor, converted to a trust company after joining Thrivent Trust Company, owned by Thrivent Financial, in 2017. Ronald Blue is based in Atlanta and has more than 8,000 clients, 13 office locations, and….. To continue reading this legal news please click Read full information...

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