Thanksgiving: A Good Time to Talk Estate Planning

November 21, 2021

Usually, the rule at large gatherings of friends and family is you don’t talk about politics, religion, or personal finances. Yet Thanksgiving offers a great chance to get caught up with loved ones who make up your “family” however you define it. With family gathered together, you have a prime opportunity to discuss the future… Read more »

Time to Start Investing

November 18, 2021

The Time to Start Investing is Now Does the thought of funds and portfolios make you start to sweat? Do you think investing is only for the rich? Don’t let excuses or fear cause you to skip out…investing is a great way to grow your wealth. We can all get behind that concept. These days… Read more »

Estate Planning Assistance for Veterans and Active Military

November 10, 2021

Whether you’re a veteran or active military, thank you for your service. Here is some help to put a plan in place to safeguard your family and your legacy. This should include how their family members will manage if the head of their household unexpectedly dies. For military service members, the thought of how they… Read more »

New Tax Proposal Weakens Grantor Trusts

October 29, 2021

Targeting Grantor Trusts to Help Close Tax Gap For decades, trusts have been used in estate planning as a way for people to ensure that their assets are distributed according to their wishes after death. Trusts give individuals more flexibility with their assets than a simple Will and can utilize strategies to reduce potential income,… Read more »

The $600 Question is Now the $10,000 Question – Will the IRS Track Your Receipts and Disbursements?

October 25, 2021

Part of the Build Better Back Plan, proposed by the Biden administration, has many people scratching their heads in confusion. In question is a component of the administration’s plan to beef up IRS auditing by expanding the agency’s funding and power. The proposal would require banks, credit unions and other financial companies to monitor deposits… Read more »

New Income Tax Law Changes – What You Need To Know

October 15, 2021

The new income tax law changes will affect your financial plans whether you are an unmarried, married individual, trust, or estate with taxable income. It is important to understand the new tax rate and how it will affect your long-term and short-term financial goals. Here is what you need to know about the new income… Read more »

What is Legacy Planning?

October 13, 2021

Legacy planning encompasses the financial, legal, and emotional aspects of preparing for death. It’s important to take care of your family’s well-being after you’ve passed away by making sure their needs are met. One common way to do this is through a will or trust because it outlines who gets what assets when someone passes… Read more »

Planning a Special Needs Trust

October 08, 2021

Special needs trusts can be intimidating to navigate for many people. You may assume that the trust can put the beneficiary’s eligibility for income-restricted programs or services at risk. Fortunately, there are several benefits that it offers and a few reasons why it’s important to establish the special needs trust as soon as possible. Trusts… Read more »

Will the Debt Ceiling Crisis Impact Your Finances?

October 03, 2021

Will the Debt Ceiling Crisis Impact Your Finances? Lawmakers have less than three weeks to raise the debt limit or risk a first-ever default, which would trigger a broad market sell-off and put a stranglehold on everything from government payments to the ability to borrow. If lawmakers in Washington are unable to resolve the debt… Read more »

Proposed Tax Code Changes Will Impact Estate Planning

September 29, 2021

As part of the proposed Build Back Better Act, there are significant changes to the Tax Code that will effect common estate planning techniques, including gifts to trusts. This is a quick overview of the changes, which include lowering of the estate, gift, and generation-skipping transfer (also known as “transfer tax”) exemptions. Lower Gift and… Read more »

  • Have legal questions? Send us a message.

    all fields are required

  • This field is for validation purposes and should be left unchanged.