On May 7, Wilmington Trust and wealthmanagement.com hosted an informative webinar on Intentional Inheritance. Our family legacy experts shared their professional advice on how to plan for the successful transfer of your family’s wealth, especially during these turbulent times.
May 5—In this time of uncertainty, many are anxious about what they need to do to ensure their affairs are in order. What do I do if I get sick or I’m quarantined? Who will handle my affairs? How do I even get these documents signed? National Director of Family Legacy Planning, Marguerite Weese, provides some valuable guidance as you consider the importance of keeping your key documents up to date, particularly during these turbulent times.
Seize the opportunity to make the most of your estate plan while the current laws are still in place.As with any change in tax legislation, the 2017 Tax Cuts and Jobs Act (the Tax Act) gave rise to valuable planning opportunities. The current tax law serves as a good reminder to review your estate plan to be sure that it is consistent with your current goals and is flexible to promote tax efficiency under today’s tax laws.