Many people wish to set their estate plans in stone once they're created. But a wide variety of circumstances can affect the plan before it's put into action. This article discusses the savvy strategy of stress testing an estate plan to assess its effectiveness under different scenarios.

Imagine a family dinner. One sibling gets a huge piece of pie and the others get tiny slivers. The mood at the table would probably not be very good. Likewise, as part of the process of picking a successor, many family business owners struggle to compensate siblings who were not chosen to run the company. This article offers some helpful thoughts on handling the situation fairly for everyone.

If you have a child in college, living expenses can be significant. One way to save money is to invest in an on-campus condominium for him or her and any roommates to reside in. As an added bonus, you may be able to sell the condo for a gain after graduation. Here are the details on the federal tax rules on rental properties for college kids and advice on how to avoid potential pitfalls.

Don't let the changing estate tax environment prevent you from getting your estate in order. While most people will need the help of professionals to develop a formal estate plan, you can aid the process by organizing information and making basic decisions. Consider these steps.