Will vs. Revocable Living Trust in 2026: The Difference and Which One Your Family Actually Needs
One of the most common questions I hear from families at their first estate planning meeting is a simple one: Do I need a will or a trust? What is actually the difference? It is a reasonable question. And the honest answer for most families is: you need both. But they do completely different jobs,… View Article
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The Estate Tax Exemption Is Now $15 Million in 2026: Does Your Estate Plan Still Make Sense?
On January 1, 2026, the federal estate tax exemption increased to $15 million per person — $30 million for married couples. It is now permanent, with no scheduled expiration. If you read that and thought, ‘that doesn’t affect me — my estate isn’t anywhere near $15 million,’ I want to stop you right there. Because… View Article
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What Happens If I Die Without a Will in 2026? (Intestate Succession Explained)
One of the most common estate planning fears is: “What happens if I die without a will?” The answer is intestate succession — state laws decide who gets your assets, who raises your kids, and how everything is handled. In 2026, dying without a will (intestate) can create unnecessary delays, costs, and family stress —… View Article
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What Is Probate in 2026 and How Can I Avoid It? (Simple U.S. Guide)
Probate sounds scary — and for many families, it is. It’s the court process that happens after someone dies to validate their will, pay debts, and distribute assets. In 2026, probate can take 6 months to 2+ years, cost 3–7% of the estate in fees (sometimes more), and become public record — meaning anyone can… View Article
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Why You Need a Will in 2026 – Even If You Have a Trust
Many people approaching retirement in Norwalk, CT and across the country ask: “If I already have a revocable living trust, do I still need a will?” The short answer is yes — and here’s why it’s one of the most important (and often overlooked) pieces of your estate plan. As John F. Davenport, licensed attorney… View Article
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The Retirement Savings Gap: Why 58% of Americans Are Behind in 2026
Is Your Retirement Savings on Track? Picture this: You’ve saved diligently for years, but inflation and unexpected costs leave you short of the $1.46 million needed for a comfortable retirement. For most Americans, this “retirement savings gap” is a harsh reality—58% of Americans feel behind, with median savings at just $88,000. At Davenport & Associates,… View Article
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