Your will is the foundation of your estate plan. Notably, it provides for the disposition of your worldly possessions, including your house, investments and other property. These go to the beneficiaries named in your will. In addition, this foundation is usually supported by documents for trusts, retirement plan accounts and life insurance policies. They also have…

It’s common in divorce cases that involve an interest in a closely held business for that investment to be the marital estate’s most valuable asset. In many states, when the owner-spouse brings this asset to the marriage, a specialist may be called upon to distinguish between active appreciation in the business’s value (which is generally subject to division)…