Monday, October 19, 2020

Could Your Beneficiaries Make the Cut? The SECURE Act’s Eligible Designated...

Ushering in the new 10 Year Rule, the SECURE Act has changed the way inherited retirement accounts are now distributed. That is, to everyone...

WHAT YOU SHOULD KNOW ABOUT MEDICAID PLANNING

You’re active and in relatively good health. You’re finally enjoying the things you now have time to do as a retiree – or looking...

Do You Know What the “Other Hand” is Doing in Handling...

You handle a large share of paying the bills and managing the bank accounts. Your spouse handles anything insurance or investment related. It’s a common...

Should You Name Your Trust as Beneficiary of Retirement Plan Assets?

As you may know, the person (or persons) designated as the beneficiary of your tax-deferred 401(k) plan, 403(b) plan traditional IRA, Roth IRA and other...

Wondering where to find the best information that fits your estate planning needs? Subscribe to our newsletter and we'll keep you up to date on today's estate planning topics, news and events that could affect you and your family.

couple buying first home

Getting Married? Issues to Consider When Purchasing Property Before the Wedding

Let's say a couple is engaged to be married. However, before the marriage ceremony, the couple decides to purchase a marital home. Possibly, they want...
vacation home and estate planning

How to Handle a Vacation Home When Estate Planning

When people own something of sentimental value, they are sometimes unsure of how to pass it along to their heirs. This can happen with a...
placing investment property in trust

What You Should Know About Transferring Investment Property to a Trust

Suppose you own real estate properties for investment purposes. Further assume that you would like to achieve the following: 1. You no longer want to manage...
home improvements to sell house

10 Home Improvements that Add Value

Before deciding where to spend home improvement dollars, consider talking to real estate professionals who are familiar with your area and have years of experience....

Buy-Sell Agreement: Be Sure to Answer These Questions

Resolve "what if?" questions now if you own a business! One estate planning tool that can protect your family and partners is a buy-sell agreement. This...
business buy-sell agreement

If You Co-Own a Business, You May Need a Buy-Sell Agreement

If you co-own a business, it's generally a good idea to have a well-drafted buy-sell agreement to protect everyone's interests. Here are some basics about...
business succession with father and son

Pair a Trust and an Installment Sale to Pass on Your Business

For many people, a family business is a significant source of wealth, so passing it on to the next generation in a tax-efficient manner is...
pass-through entities tax break

New Law Gives Eligible Pass-Through Businesses a Special Tax Break

Federal income tax rates for C corporations have been reduced to a flat 21%, starting in 2018 under the Tax Cuts and Jobs Act (TCJA)....