Category Archives: Wills

A good estate plan includes several documents that provide direction on how your medical and financial decisions should be handled if you are mentally or physically incapacitated.  Your Last Will and Testament determines how your assets are to be distributed to your beneficiaries upon your death. A...

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The Unified Credit against the Estate Tax for a descendant dying in 2012, has been increased from $5,000,000 to $5,120,000. This is an inflation adjustment. The annual exclusion for gifts remains at $13,000 to any person. Unless Congress takes action before December 31, 2012, the Unified Credit now ...

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