Trustbuilders Law Group

09/26/2024

The results speak for themselves...
✅8,500+ satisfied clients
✅12,000+ plans created
✅Over 100 years experience
We can say with confidence that we can help you, no matter your circumstance, because we've done it successfully so many times before! Schedule a free consultation today to make your future secure: https://www.trustbuilders.com/

09/24/2024

What do YOU think is the top estate tax rate?
A) 20%
B) 30%
C) 40%
D) 45%

Comment with your answer and we'll tell you if you're right!
Source: Wall Street Journal

09/23/2024

Estate planning is more important than ever. Spousal Lifetime Access Trusts (SLATs) can be a valuable tool to protect your wealth and minimize taxes. Let TrustBuilders Law Group help you navigate the complexities of estate planning.

With the presidential race in a dead heat, wealthy Americans are calling estate lawyers.

09/19/2024

Did you know that the Secure Act of 2019 significantly changed the rules for inheriting IRAs?

Before the Act, heirs could stretch IRA withdrawals over their lifetime. Now, most adult children have a shorter 10-year window to empty inherited IRAs. This can lead to higher tax burdens, especially for those in high-earning brackets.

Consider Roth conversions as a potential strategy to mitigate tax implications. While Roth withdrawals are generally tax-free, careful planning is essential to determine the most advantageous approach for your family.

Need help navigating these changes? Contact our estate planning experts for a personalized consultation.

09/17/2024

Planning for your future isn't something you should ignore in the present. If you take care of it now, you'll never have to worry about it again. We're here to help! Let us create a solid plan to give you peace of mind.

09/16/2024

Trying to decode and decide the best plan for your future can be tricky, with so many different options that seem to be changing all the time. We have a team of estate planning experts to help you make the best decisions so that you can have peace of mind when you think about what's next.

Roth individual retirement account conversions have become more attractive for legacy planning, experts say. Here's what retirees and their heirs need to know.

09/12/2024

Virginia's recent legal changes have significantly increased the risk of will contests. The burden of proof now lies with the testator to demonstrate that their will was not the product of undue influence.

A trust can be a powerful tool to mitigate these risks. By establishing a trust, you can:
✅ Protect your assets: Shield your wealth from potential disputes and creditors.
✅ Avoid probate: Streamline the transfer of your assets, saving time and money.
✅ Reduce taxes: Implement tax-efficient strategies to minimize your estate tax liability.

Are you concerned about the potential challenges of will contests? Let's discuss how a trust can provide peace of mind and ensure your legacy is protected. Call us: 757-500-5135

09/11/2024

Today we remember those who lost their lives 23 years ago and honor their memory on 🇺🇸

09/09/2024

What do you think: is this a subject they need to broach, or one to avoid entirely?

No matter your opinion, the burden of securing your financial future is one you shouldn't ignore - and we think we can all agree on that!

“His two sons are against any kind of commitment between us, as their dad has had two failed marriages.”

09/05/2024

Don't Procrastinate on Your Estate Planning: It's Easier Than You Think
Despite its importance, only about a third of Americans have a will or trust, according to a recent study. The main culprit? Procrastination.

Here's why you shouldn't wait:
➡ A will or trust avoids confusion and ensures your wishes are met. It directs your assets to your chosen beneficiaries, bypassing potentially messy state inheritance laws.
➡ It simplifies the inheritance process for your loved ones. During a difficult time, a clear will or trust minimizes stress and avoids unnecessary legal battles.
➡ Getting started is easier than you think. You don't need a huge fortune to benefit from a will or trust. Naming beneficiaries on retirement accounts and life insurance is a good first step.

Having a will or trust is crucial for everyone, not just the wealthy. Don't let the mortgage application process deter you – it's a good time to get started on your estate plan. We're happy to help you along the way: www.trustbuilders.com