Stepped-up Basis Rules Can Ease the Income Tax Bite of an Inheritance
Understanding the stepped-up basis rules is beneficial for family members who inherit your assets.
April 2, 2025
Understanding the stepped-up basis rules is beneficial for family members who inherit your assets.
If your estate planning goals include distributing your wealth while also encouraging specific behaviors or achievements among your heirs, using an incentive trust might be
The “Great Transfer of Wealth” is a term used to describe the massive shift of assets and financial resources expected to take place in the
Navigating the complexities of wealth management requires not only expertise but also a trusted partner who understands your goals and values. At Legacy Private Trust
Life is full of transitions, from exciting new beginnings to unexpected challenges. Whether you’re adjusting to relocating to a new state, celebrating the arrival of
For families with significant wealth, safeguarding assets is about more than just growing them—it’s about ensuring they are protected from the unexpected. Whether it’s a
Spousal Lifetime Access Trusts: A Sophisticated Tool for Wealth Protection and Estate Planning
For families managing significant wealth, safeguarding assets for future generations while minimizing tax liabilities is paramount. A powerful tool to achieve this is the Generation-Skipping
For families focused on protecting their financial legacy and passing down wealth with careful planning, irrevocable trusts offer a powerful solution. These specialized trust structures
Crafting a thoughtful estate plan involves more than simply deciding how your assets will be distributed. A well-considered plan can help ensure your wishes are
©2024 Legacy Private Trust Company. All Rights Reserved.