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Category: Gifting

Return home Gifting

Category: Gifting

A Trust for Fluffy or Fido?: Why Every Pet Parent Needs to Consider a Pet Trust Today

Posted on March 7, 2025

Estate planning is about protecting what is important to you. Although much of the traditional estate planning conversation focuses on surviving spouses, children, grandchildren, and charities, many pet parents wonder what could happen to their “furry children” after their death.

Enter the pet trust. This tool is something that...

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5 Tragic Mistakes People Make When Leaving an Inheritance to Their Pets

Posted on February 19, 2025

Planning for your pets in your estate plan is an excellent way to ensure that your beloved pet will receive proper care and attention after you pass on. The problem, of course, is that you will not be there to ensure that your wishes are carried out. That is why it is...

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What Conditions Can I Put on My Child’s Inheritance?

Posted on February 17, 2025

You have two primary options for leaving an inheritance to a child. The most straightforward is to give it to them in a single lump sum, with no strings attached. But this might not be the best option for some children. You may be concerned about the child’s ability to handle the...

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What Happens to An Adult Child Living at Home When Their Parents Pass Away?

Posted on January 8, 2025

Today more young adults are living at home with their parents than at any time since the 1940s. While there are many different opinions about this trend and the cause of its recent prevalence, the primary motivation for young adults staying at home with their parents is usually related to finances.

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What You Need to Know About Transferring Your Season Tickets

Posted on December 18, 2024

In many parts of the United States, football is more than a sport—it is a way of life and a passion that we often share across generations.

While a fan might pass down their love for an NFL or college football team to family, passing down season tickets to...

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Navigating the Fiscal Year 2025 Greenbook: Key Trust and Estate Tax Proposals

Posted on July 23, 2024

The U.S. Department of the Treasury has released its General Explanations of the Administration’s Fiscal Year 2025 Revenue Proposals. Commonly referred to as the Greenbook, this document lays out tax proposals that would support President Biden’s policy priorities if he is reelected to a second term.

A major focus...

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What Happens to An Adult Child Living at Home When Their Parents Pass Away?

Posted on July 18, 2024

Today more young adults are living at home with their parents than at any time since the 1940s. While there are many different opinions about this trend and the cause of its recent prevalence, the primary motivation for young adults staying at home with their parents is usually related to finances.

Continue reading…

Ballots to Beneficiaries: How Potential Presidential Policies Could Shape the Future of Your Estate Plan

Posted on July 11, 2024

Ready or not, we are entering another presidential election season.

If you are like most Americans, the economy is top of mind when it comes to evaluating the candidates. But even if you do not intend to vote, the tax policies of the next administration could have a major...

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The Power of Purpose: Unveiling the Impact of Charitable Giving

Posted on July 10, 2024

Compared to residents of other wealthy nations, Americans are more likely to give their time and money to help others. In 2023, the United States ranked ninth in per capita gross domestic product (GDP) but fifth on the World Giving Index rankings.[1]

Polling shows that Americans trust...

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Estate Plan Lessons from DeMuth v. Commissioner

Posted on November 20, 2023

Lifetime gifts are a popular way to reduce estate and inheritance taxes. Currently, only estates worth $12.92 million or more are subject to the federal estate tax. Twelve states and the District of Columbia levy an additional estate or inheritance tax.

To lower their taxable estate at death, an...

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Return home
608.661.4333
6418 Normandy Lane, Suite 225
Madison, WI 53719
Request Free Estate Planning Consultation
  • HOME
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    • Probate & Estate Administration
    • Planning for Children
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    • Pet Trusts
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    • Tyler Piddington, Associate Attorney
    • Keleigh Burke, Funding Coordinator
    • Macie Cox, Paralegal
  • WHAT TO EXPECT
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    • Estate Planning
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    • Estate Planning for Non-Traditional Families
    • Probate & Estate Administration
    • Planning for Children
    • Special Needs Planning
    • Pet Trusts
  • WHO WE ARE
    • Bob Nennig, Attorney & Owner
    • Tyler Piddington, Associate Attorney
    • Keleigh Burke, Funding Coordinator
    • Macie Cox, Paralegal
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