Estate planning isn’t just for the rich and famous. For example, you may have family heirlooms (such as jewelry or artwork) or real property that has sentimental value to certain family members. Wills and trusts can help ensure that your estate is divvied up fairly after your passing. But you won’t be around to explain or…

According to a recent report, only 42% of Americans have estate planning documents, such as a will or living trust.1  This may not be entirely surprising. No one wants to be reminded of his or her own mortality or spend too much time thinking about what might happen once they’re gone. Tip: Let Them KnowYour will may…

In some jurisdictions, investment value — rather than fair market value — has emerged as the preferred standard of value in some divorce cases. This trend is important to monitor to ensure your valuation expert estimates the correct standard of value. If not, a court may disregard his or her conclusion. Investment Value Definition Fair market value,…