A key goal for many people is to leave enough for loved ones to handle future expenses. If prices rise sharply, the same amount of money will buy less of what your heirs need.
A generational divide is emerging in estate planning, with younger adults embracing lifetime giving while older generations prioritize preserving wealth for heirs.
While estate planning is important for every adult, for creators of copyrightable works, there is an additional dimension involving making decisions regarding how their creative property will be handled after they pass away.
Deciding how to transfer your home to loved ones requires careful planning to minimize taxes, avoid probate and protect your family’s financial future.