Addressing Financial Issues in a Remarriage
You may want to consider some financial issues before walking down the aisle again.
April 7, 2022
Ways to manage Taxes on Inherited IRAs?
Tax rules on individual retirement accounts (IRAs) are different for inherited IRAs. Some differences are positive.
March 22, 2022
Strategies to Reduce Taxes
Once more hesitant to plan ahead, clients in today’s environment are much more proactive and willing to take action in the near term, rather than waiting and risking having to pay higher taxes down the line.
March 17, 2022
Charitable Trusts a Rewarding way to make an Impact
A charitable trust allows you to donate assets to a chosen tax-exempt charitable organization or nonprofit and comes with certain tax benefits to help you minimize what you might owe to the government.
March 16, 2022
Debt doesn’t Disappear when Someone Dies
Adult children typically don’t have to pay their parents’ bills. However, there are exceptions. Even when a child doesn’t have to pay directly, debt could reduce what they inherit.
March 4, 2022
Filing Taxes when a Loved One passes
No one likes doing taxes, but the task is even more daunting when filing a return for someone who has died.
February 24, 2022
Family Caregivers eligible for Tax Credits
There are actually several tax credits and deductions available to adult children who help look after their aging parents or other relatives.
February 21, 2022
Consider withdrawing more than RMD
Sometimes only taking the minimum IRA distribution can be a costly mistake. When deciding how much to withdraw this year, you need to consider the big picture. For some people, it makes sense to go big.
February 15, 2022
Moving to a New State Impacts Estate Planning
However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.
January 31, 2022
Is Your Home an Asset or Liability?
Could generations of traditional homeownership wisdom be wrong? Here’s what you need to know to determine whether your home is an investment that will pay off in retirement—or a liability.
January 27, 2022