Smart Year-End Gifting: Tax Strategies for Passing Wealth to Family
Maximize your holiday gift-giving with tax-efficient strategies. Learn about annual exclusions, trusts, and charitable giving to benefit your estate.
8 Reasons Adding Kids to Your Assets Could Cost You
Do you think adding a child to your assets is a way to avoid probate? Think again. Here are 8 reasons this can lead to legal risks and financial harm.
Preparing for the Future: Estate Settlement Essentials
Allegiant Wealth Strategies Estate Settlement 101 Workshop on May 9 will help you if you’re in the estate planning process or expecting to be a part of someone else’s estate settlement. You’ll learn about the settlement process, from understanding the steps to the roles of legal and financial advisors.
Reveal Your Financial Plans During a Family Meeting
Estate planning is not just for the wealthy or elderly; it's a crucial process for everyone, regardless of age, marital or financial status. Once you have an estate plan and have gathered all the necessary information, you should tell your family about your plans during a family meeting. Holding a family meeting allows you to tell everyone at once about your estate plan, your wishes, and your intentions. It will also let you explain your decisions which will reduce hurt feelings and possible conflict among your survivors after you're gone, ensuring a smoother process for your family when the time comes.