3 generation Family at home getty Estate planning is essential for families who want to secure financial stability and build generational wealth. However, potential pitfalls can undermine even the best-laid plans. Experts such as John H. Nebeker, Patty Fitzsimmons, and Barbara Gitty emphasize the importance of thoughtful planning, organized financial records, and professional guidance in […]
Editor’s Note 10/23/24: Since this story was first published, officials in Buncombe County, North Carolina, home to Asheville, have reported they overcounted the death toll in their region by as many as 30. Some of the death toll figures in this story are no longer accurate. The 8,000-acre Biltmore Estate, Asheville’s biggest attraction that welcomes […]
(Photo Illustration by Scott Olson/Getty Images) Getty Images Let’s not bury the lead and get to what everyone in the estate planning world cares about. Here are the new exemption amounts for estate tax, gift tax, and generation skipping transfer tax exemptions amounts and the annual exclusion amount for 2025: Estate Tax, Gift Tax, and […]
A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images China vowed more financial support for real estate projects that fall under its so-called whitelist and to speed up banks lending of 4 trillion yuan ($561.8 billion) for such projects, according to the nation’s housing […]
Red flags can signal a warning to be careful of pending romantic or estate planning disaster. getty Some seemingly innocent comments can quickly sour a budding relationship, signaling underlying issues that might not be obvious at first glance. While often dismissed as harmless, these remarks can hint at deeper problems that could create significant challenges […]
