Your Estate Plan: Small Oversights That Can Turn Into Big Headaches

Part of what we do at Blalock Walters is assist surviving family members with administrative matters after the death of a loved one.  It’s at that point in time when the effectiveness of the decedent’s estate plan is tested.  So, to help our clients develop estate plans that will actually operate as efficiently as they […]

IRS Grants Timing Relief For The Estate Tax Portability Election

Beginning in 2011, the exemption from federal estate tax applicable to the estates of most decedents has been $5,000,000 (or even slightly higher).  If the assets comprising a decedent’s gross estate during that time were less than $5,000,000, the new federal “portability” laws allowed for transference of the unused estate tax exemption to the surviving […]

Now is a Good Time to Review Your Estate Plan

The recent enactment of the American Taxpayer Relief Act lays to rest much of the uncertainty in the federal wealth-transfer tax laws that complicated planning efforts for roughly the last twelve years. Consequently, there is no better time than now to review the design and projected effectiveness of your current estate plan. Here are just […]

Your Estate Plan: Try To Avoid Small Oversights That Can Turn Into Big Headaches

Part of what we do at Blalock Walters is assist surviving family members with administrative matters after the death of a loved one. It’s at that point in time when the effectiveness of the decedent’s estate plan is tested. So, to help our clients develop estate plans that will actually operate as efficiently as they […]

Will Your Living Trust Truly Operate as You Intend?

The Living Trust is the foundation of many clients’ estate plans, and rightfully so. There are numerous probate-avoidance, tax and property management reasons justifying the establishment of a Living Trust (by the way, please don’t get confused by the terminology… the names “Living Trust”, “Revocable Trust”, “Revocable Grantor Trust”, etc. are all references to the […]