You may not be thinking about Jan. 1, 2026. However, if your estate is worth $5 million or more when the first day of 2026 arrives, your estate planning should begin now. According to an article from Forbes, “Is 2026 An Important Year For Your Wealth?,” the reduction in the estate tax exemption will revert to the 2010 … Continue reading Are You Ready for 2026?
Category: Grantors
Why It’s Important to Update Your Estate Plan
When someone dies without having updated their estate plan for many years, the executors often face a difficult task of administering a disorganized and incomplete estate. At best, the executor needs additional time and resources to organize the estate. At worst, says an article titled “Estate plans require maintenance” from The Record-Courier, the decedent’s wishes and desired distributions … Continue reading Why It’s Important to Update Your Estate Plan