About Lynn Wasnak

Death and Taxes: Estate Planning Helps With Both

Successful estate planning is more than tax avoidance or charitable giving. A sound estate plan supports personal hopes and dreams for family, friends, or causes you value. “Everyone needs an estate plan, particularly if they have young children, to name a guardian and select a trustee to administer assets,” says Carlyn S. McCaffrey, a partner at McDermott Will & Emery. Update Your Estate Plan Regularly Don’t put it off, and be sure to update your will regularly. “Some people …