ABLE accounts are a nice, flexible way to supplement the usefulness of a Special Needs Trust. But certain limits apply. Read on to learn more.
Plan Now for the Incredible Shrinking Exclusion
There is a great deal of legislation pending and much is uncertain. But this much is certain, the estate tax exclusion will go down by half beginning 2026 under current law. Now is the time to plan for your clients and yourself. Read on to learn more.
Learning and Camaraderie at the Academy Summit
The Academy takes learning seriously. The Academy’s Spring Summit included numerous substantive legal education sessions, as well as sessions on marketing and law office management. The virtual conference also included opportunities for networking and fun. Read on to learn more.
Use It Before It’s Gone
The amount you can pass free from estate tax is at a record high of $11.7 million per person. There’s legislation which would lower the exclusion to $3.5 million per person. Married people can take advantage of the current exemption. Read on to learn more.
What is “Probate”?
The term “probate” refers to the process of distributing the estate of a person who has passed away. The probate process facilitates the change of legal title of property, and the distribution of property in accordance with terms of the Will of a deceased person. If a person dies without a valid will in place […]
Tips for Travel: Legal Documents Are Essential for Traveling with Peace of Mind
Here at Vitt Law Offices, PLC we believe that summer is the perfect time to travel! Jim and his family just returned from vacation in England and France. During the trip they experienced Stonehenge, Buckingham Palace, Versailles, The Arc de Triomphe, and so much more! For many families, whether they have a big overseas trip […]