Do Young Adults Need an Estate Plan?

/ By: Roy W. Litherland, Attorney at Law

Category: Estate Planning

Researchers periodically conduct studies that ask people about their estate planning preparedness. Time after time, the results are not encouraging. The majority of American adults do not have a comprehensive estate plan in place. Many...

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What Is a Qualified Domestic Trust?

/ By: Roy W. Litherland, Attorney at Law

Category: Estate Planning, Trusts

Before we explain the purpose of a qualified domestic trust, we should provide some background information about the federal estate tax and the unlimited marital deduction. Estate Tax Parameters There is a federal estate tax...

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