For some old movie buffs out there, the “Dirty Dozen” might harken back to the famous 1967 war movie. But there is another dirty dozen that requires watching and that is the Internal Revenue Service’s “Dirty Dozen” list of potential tax scams.
Irrevocable trusts are very difficult to modify even if the changes are in the beneficiary’s best interest. So what happens if things change and you need to amend it?
Mark Rioboli, CFP®, CFS, of Modera’s Wayne PA office, shares his perspectives on common mistakes people make when it comes to estate planning and some tips on how to avoid those common pitfalls. Read more in this article by Hank Berkowitz.