People are often confused about the rules surrounding required minimum distributions (RMDs). This article provides answers to common questions regarding the rules and timelines surrounding RMDs. If you turned 73 in 2025 and own a retirement account, you will likely need to take your first required minimum distribution by April

Revocable living trusts (RLTs) are common in estate planning, and commonly misunderstood. They’re sometimes presented as a clean, all-purpose solution that avoids probate, reduces taxes, and simplifies everything after death. In reality, they’re more nuanced than that. This article isn’t meant to argue for or against revocable living trusts. Instead,

Last updated on February 17th, 2026Recent legislative changes present new opportunities for American parents saving for their children’s future. 2025 saw both the expansion of 529 education savings plans and the creation of “Trump accounts,” a new type of investment account for children. Both of these investment accounts offer parents

Last updated on January 19th, 2026As individuals living in an increasingly online world, a great deal of our personal property today exists in digital form. “Digital assets” range from digital images and documents to online accounts and cryptocurrency. When it comes to estate planning, special considerations must be taken into

Charitable remainder trusts (CRTs) can be an effective means of managing your wealth and achieving your charitable giving goals. Let’s go over the basics of charitable remainder trusts and their potential benefits. What is a charitable remainder trust, and how does it work? A charitable remainder trust (CRT) is a

From the year they turn 73, owners of IRAs must begin to take required minimum distributions (RMDs) annually. An RMD is the minimum amount an individual must withdraw from their IRA each year. These withdrawals increase the IRA holder’s overall taxable income, potentially triggering higher tax rates and impacting the

The One Big Beautiful Bill Act (OBBBA) has introduced sweeping changes across the economic and legal landscape of our country, impacting individuals, families, and businesses in a range of ways. These changes will affect various aspects of financial planning—and estate planning is no exception. From revised estate and gift tax

Last updated on July 24th, 2025When you think about creating your will, you may imagine yourself many years down the road, getting your affairs in order when life’s circumstances call for it. While this may be the case for some people, it isn’t the recommended method. So, when should you