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So far eastham has created 23 blog entries.

Organizing for Tax (and Estate Planning) Season

It’s the start of a new year, which means tax season—and this year’s April 17th IRS filing deadline—is just around the corner. Soon you’ll be receiving tax forms such as your W-2 or 1099s, and you’ll start thinking about the life events that could affect your taxes in various ways. This flurry of tax prep activity [...]

By | 2018-01-12T15:45:13+00:00 January 12th, 2018|Estate Planning|0 Comments

How to Share Family History and Heirlooms with Your Estate Plan

The best time to share your family history with loved ones is right now, before the memories are forgotten. The coming holiday season is a great opportunity to reminisce because you’ll probably have your loved ones nearby. While you can always pull aside children and grandchildren for a chat about family history, did you know you [...]

By | 2017-12-15T17:19:47+00:00 December 15th, 2017|Estate Planning|0 Comments

Potential Problems with Beneficiary Designations

Many clients use beneficiary designations, and for good reason. Some significant assets, including life insurance policies, IRAs, retirement plans and even bank accounts, allow a beneficiary to be named. It’s free, it’s easy, and, when the owner dies, these assets are designed to be paid directly to the individual(s) named as beneficiary, outside of probate. [...]

By | 2017-12-08T16:21:10+00:00 December 8th, 2017|Estate Planning|0 Comments

Asset Protection Planning

We all have a lawsuit bulls-eye on our backs. Unfortunately, lawsuits, including frivolous lawsuits, are filed daily against good people like you. Asset protection planning, which is an important part of estate planning, can protect you, your family, and your assets. You’ve likely already done some asset protection planning such as purchasing homeowners’ and auto [...]

By | 2017-11-17T14:24:03+00:00 November 17th, 2017|Estate Planning|0 Comments

Estate Planning After Divorce

One area that is often overlooked in the divorce process is the need to update estate planning. Most people would agree that their ex-spouse is the last person they want to inherit their assets when they die—or to have that person make life and death decisions for them. But that is exactly what can happen [...]

By | 2017-10-20T14:18:32+00:00 October 20th, 2017|Estate Planning|0 Comments

Irrevocable Life Insurance Trust

An Irrevocable Life Insurance Trust (ILIT) is an irrevocable trust that applies for, owns, and maintains life insurance. It’s purpose is to get life insurance cash value and proceeds out of an estate for federal estate tax and generation-skipping tax purposes. Often, life insurance is purchased to equalize inheritances, provide an inheritance, fund tax bills, [...]

By | 2017-10-13T14:36:36+00:00 October 13th, 2017|Estate Planning|0 Comments