Estate Planning complicated by Property in Two States
When it comes to owning property in two different states, you may wonder how to manage these in your estate plans.
April 12, 2022
Addressing Financial Issues in a Remarriage
You may want to consider some financial issues before walking down the aisle again.
April 7, 2022
Trusts are Best for Gifting to Minors
In 2022, the annual exclusion for Federal Gift Taxes increased to $16,000 per person per year. Although there is near-universal acceptance of the importance of gifting, there are several issues you should consider before making any gifts.
April 6, 2022
Several Advantages in a Discretionary Trust
A discretionary trust is a type of trust that can be established on behalf of one or more beneficiaries.
April 5, 2022
Take care managing ABLE Account Expenses
ABLE accounts are a way for people with disabilities to save and spend money, while protecting their access to public benefits.
April 4, 2022
How to Obtain Power of Attorney for your Parent?
For those of us involved as care providers for someone having difficulty handling his/her own affairs, whether it’s a family member or not, requires that we have the legal authority to do what’s in that person’s best interest.
March 31, 2022
Gifting to your Loved Ones can reduce Taxes
Everyone likes money, right? Giving money to family or friends can also be a smart tax planning move.
March 30, 2022
A Second Marriage can complicate Estate Planning
Who’s going to inherit on the death of one of the re-marrieds? Will this be the surviving spouse? If so, where will those inherited monies go on the second-to-die’s death?
March 29, 2022
Alternatives to replace Stretch IRA
Leaving behind a huge tax bill for your heirs with the stretch IRA scuttled? Here are some ways around it as lawmakers consider an updated SECURE Act.
March 28, 2022
Caring for sick Parent can be Challenging
Dealing with a sick family member is a challenging and emotional time.
March 24, 2022