Author Archives: Skvarna Law

10 Types of Trusts

TRUST written on paper

A generation-skipping trusts allows you to distribute your money and property to your grandchildren, or even to later generations, without taxation, by using your lifetime exemption to offset any tax that could be due.

Sharing the Wealth: Intrafamily Loans

Lender Family Loan

Part 2 in a 2-Part Series Low Interest Rates & Estate Planning  Last week, we began a two-part series about how to share your wealth through estate planning. To read part one in the series, click here. This week, we conclude by examining other options for sharing your wealth. We examine charitable gifts, including intrafamily loans.

Why Your Heirs May Receive a Smaller Inheritance Than They Expect

Depending on the size of the estate and the nature of the accounts and property held by the estate, these expenses reduce the final amount available for heirs or beneficiaries.

Vacation Plans? How to Prepare

(Part 1 of a 2-Part Series) After months of near confinement in our homes, most Americans are stir-crazy. As such, we are eager to travel to make vacation plans. As more states are open, take these precautions before your summer travels.