How can we avoid probate and reduce the estate tax for our beneficiaries, who are our two adult...
Category - Previous Posts
Life Insurance Proceeds-Do I Need to Pay Taxes?
Knowing when life insurance is taxable and how to avoid taxation can help families ensure their...
Does Executor have to Be a Family Member?
What happens if you don’t have any family to be personal representative? Other than a family...
How Digital Assets Figure into Estate Planning
Estate planning isn't just about hard assets anymore. Who will read your email when you die?
Can I Get a Tax Break for Long-Term Care?
The IRS allows some limited tax breaks on medical expenses and insurance premiums related to long...
When do Medicaid Recipients have to Cash Stimulus Checks before...
Nursing home residents on Medicaid have some more time to spend their stimulus checks, but they...
Common Mistakes when Making Beneficiary Designations
Once you’ve bought an annuity or a life insurance policy and named your beneficiaries, you may...
How can I Revoke an Irrevocable Trust?
I feel I was taken advantage of to the tune of $3,500, when I set up a trust.
What Is Family Business Succession Planning?
If you plan to pass your business to your offspring, there is more to keep in mind when creating...
What Is Family Business Succession Planning?
Studies have shown that the number of family businesses owned by second generations and third...