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Family Gatherings: The Ideal Time for Estate Planning Conversations

Family Gatherings: The Ideal Time for Estate Planning Conversations

by David R. Schneider | Dec 1, 2024 | News & Updates

I know… this is just what the family wanted—to talk about estate planning when we are gathered to celebrate so much more. Family gatherings are filled with laughter, stories, and cherished memories. However, they can also serve as a crucial backdrop for...
Property from Parent’s Trust – Should Inherited Assets Remain in Parent’s Trust?

Property from Parent’s Trust – Should Inherited Assets Remain in Parent’s Trust?

by David R. Schneider | Nov 1, 2024 | News & Updates

Recently something unique crossed my desk – property held in the name of a trust, had to go through a probate proceeding. Now, anyone who has heard me speak or read anything I have ever written on this topic knows that I advocate for titling your property in the name...
Unraveling Trusts: Understanding the Removal of the AB Provisions from a Married Couple’s Trust

Unraveling Trusts: Understanding the Removal of the AB Provisions from a Married Couple’s Trust

by David R. Schneider | Oct 1, 2024 | News & Updates

Trusts are intricate legal instruments designed to safeguard assets, provide for beneficiaries, and manage estates efficiently. Among the various types of trusts, the Credit Shelter Trust, informally known as the AB Trust, was the standout tool for married couples to...
Understanding FinCEN Reporting Requirements: What Entities Need to Know

Understanding FinCEN Reporting Requirements: What Entities Need to Know

by David R. Schneider | Sep 23, 2024 | News & Updates

Calling All Business Owners, Calling All Landlords:Filing a Beneficial Ownership Information Form –  Do You Have a Legal Obligation to Do So?! In today’s financial landscape, compliance with regulatory requirements is not just a matter of best practices—it is a legal...
Evolving Responsibilities: Updating Trustees and Executors as Children Grow Older

Evolving Responsibilities: Updating Trustees and Executors as Children Grow Older

by David R. Schneider | Sep 1, 2024 | News & Updates

As life progresses, so do our responsibilities and priorities. In many past blogs and videos, I have discussed the importance of keeping trust relationships current. In estate planning, the individuals you originally entrusted with managing trusts and executing wills...
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