Knowledge is Powerful

Understanding TrustsTrusts are powerful estate planning tools that can provide benefits like asset protection, tax savings, and probate avoidance. However, deciding between an irrevocable and a...

How to Minimize Estate Taxes with Proper PlanningEstate planning is more than just drafting a will; it is an opportunity to strategically minimize the taxes imposed on your estate upon passing....

Understanding the Tax Implications of Trust DistributionsTrusts are an essential tool in estate planning, providing a means to manage and protect your wealth. However, understanding the tax...

Understanding the Role of a TrusteeTrustees play a vital role in managing and overseeing trusts, serving as a bridge between the trust creator and the beneficiaries. They have a duty to manage the...

Trust disputes can be complex, emotionally charged issues that require delicate handling and a clear understanding of the legal framework involved. As a responsible trustee or a concerned...

Trust Administration 101: What Trustees Need to KnowBecoming a trustee is a significant responsibility, as you are entrusted with managing assets and carrying out the wishes of the trustor, the...

Estate planning is about more than passing down wealth — it’s about ensuring your legacy provides for your loved ones in ways that truly help them thrive. For beneficiaries with developmental...

When planning your estate, one of the key considerations is protecting the inheritance you leave for your descendants from potential risks — including claims made during a divorce. To address this,...

At Nici Law Firm, we have reviewed countless estate plans and we have seen some truly alarming gaps in protection.  Most clients have worked hard to create wealth to secure their family’s financial...