Posted on: December 19, 2022
The Internal Revenue Service Today announced new inflation-adjusted limits for 2023 that will allow well-off individuals to transfer much more to their heirs tax free during life—or at death.
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Posted on: December 15, 2022
Gift taxes and estate taxes are only applied if your bequeathed assets exceed a certain dollar amount. Here’s a look at what the unified tax credit is, how it relates to gift or estate taxes and who this credit impacts.
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Posted on: December 14, 2022
Why Proactive Estate Planning with Your Attorney Is the Smartest Way to Probate-Proof your estate Here’s an important question: When was the last time you had an estate planning attorney thoroughly review your long-term plans for your financial affairs, family, and legacy? If not, it is unlikely that your estate is probate-proof. For that matter, […]
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Posted on: December 14, 2022
If you knock time and money off the excuse list, you can take care of some important estate-planning tasks.
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Posted on: December 13, 2022
A SLAT is an irrevocable trust set up while both spouses are still alive, in which one spouse is the designated beneficiary of the other spouse.
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Posted on: December 12, 2022
Retirement planning is an important part of long-term financial wellness. For women, the process can be especially fraught.
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Posted on: December 9, 2022
Robert, the older brother, and Lon, the younger one, were close as they were growing up in the Queens borough of New York City. However, when their mother passed away and left the bulk of her estate to Robert, Lon was devastated.
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Posted on: December 8, 2022
An estate plan works like the operating system on your phone or computer. It runs in the background. However, it needs occasional updates to keep the plan current.
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Posted on: December 7, 2022
The Supreme Court listened to arguments Tuesday in a case to determine whether veterans with disabilities can collect decades’ worth of retroactive benefits from the Veterans Administration.
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