Mention the term “estate planning” and many people think of controlling taxes. Yet minimizing potential estate taxes is only one component of planning your estate. The full value of estate planning extends well beyond tax considerations. Disability Protection It’s a sobering fact: More than one in four 20-year-olds become disabled before reaching retirement age.1 And […]
Archives for April 2022
An Executor’s Tax Responsibilities
It is said that the only certainties in life are death and taxes. That expression may ring particularly true to anyone who has served as the executor of an estate. Nearly all estates have to file an income tax return for the decedent, and the executor also may have to file one or more income […]