A common perception of “estate planning” involves wealthy families managing their fortunes and negotiating complex legal documents to minimize tax burdens. In reality, estate planning is crucial for people of all income levels. It’s not just about distributing wealth but also about ensuring your wishes are respected, and your loved
There’s been a recent surge in discussions regarding trusts and estates – a noteworthy topic of discussion. Last year, we had anticipated changes in the estate exemption, and proposed legislation was in the pipeline. President Biden pushed strongly for these changes, but nothing came to fruition. The federal estate tax
Estate & Trust Planning Thanks to Hollywood, “estate plan” may conjure up images of a family all dressed in black, sitting in a dark, wood-paneled library in a sprawling mansion, and listening to a deceased relative’s lawyer while wondering who’s going to inherit the yacht. While that may make for
Estate Plans Are for Everyone There’s a common misconception that estate planning is only for the uber-wealthy, but the truth is that estate plans are for everyone. Anyone who owns property — home, car, bank account, 401(k), collectibles, family heirlooms, etc. — needs an estate plan. Get your copy of
As we enter the second quarter of 2024, it’s an excellent time to pause and reassess your financial landscape – including an estate plan review. You might think that once an estate plan is established, it remains in effect indefinitely – but that’s not always true. Changes in laws and
The latest legislative changes in federal tax law have introduced new opportunities for individuals and families seeking to manage their wealth and plan for the future. The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025, codifying provisions that alter inheritance and gifting thresholds in
Irrevocable Grantor Trusts (IGTs) have long been a critical tool for estate planning and effectively achieving tax minimization on asset transfer, providing the tools necessary to avoid probate, transfer assets, conduct legacy planning, and ensure the minimization of federal estate taxes. Currently, one of the most unsettled topics is how
With the estate and gift tax exemption at $11.58 million ($23.16 million for a married couple), there are fewer people that are exposed to the federal estate and gift tax. However, unbeknownst to many, the $11.58 million exemption (indexed for inflation) will be retired in 2025 and go back to
Get a Quote Commercial real estate companies in Dayton and Ohio face a number of challenges staying ahead in a constantly changing landscape. In commercial real estate, bigger is often better. But bigger projects also add complexity. Taxes are tougher. You’re juggling more relationships with investment partners. The fluctuating market
https://www.youtube.com/watch?v=YXHPciR8drs Can’t watch the video? Get the transcript. Top Barnes Dennig estate and tax planning pros outline estate exemptions, timelines, and key strategies to help you optimize your estate planning and tax impact. You may also be interested in more information on estate planning and tax strategies. If you’d like
Get a Quote Commercial real estate companies in Indianapolis and Indiana face a number of challenges staying ahead in a constantly changing landscape. In commercial real estate, bigger is often better. But bigger projects also add complexity. Taxes are tougher. You’re juggling more relationships with investment partners. The fluctuating