Can You Take Advantage of Capital Gains Tax Rates in 2020?
The power to tax may be the power to destroy, but tax policy is also capable of rewarding wise investors. This is something everyone should know heading into 2020, especially regarding capital gains. Did you know capital gains are profits made from the sale of...
Three Key Questions To Ask At Your First Estate Planning Meeting
The initial estate planning conference with your attorney is very important. This is the first opportunity for you to explain to your attorney your estate planning goals, as well as your assets and liabilities. Your attorney can advise you at this time, and throughout...
10 Kitchen Safety Tips for This Thanksgiving
Thanksgiving is all about family, friends and food, lots of food. Turkey, stuffing, mashed potatoes and gravy, green beans, pies and assorted desserts; the list goes on. Included in holiday feasting, however, may come certain kitchen safety risks, especially during a...
Four Critical Questions to Ask Your Estate Planning Attorney When You have a Minor Child
Planning for your minor child is critical to ensure his or her’s continued protection in the future. Yet, for many parents, this is not a topic they wish to discuss. It is not easy for any of us to contemplate a time when we are no longer here and another person would...
Ways to Protect Your Spendthrift Child or Grandchild’s Inheritance Through A Trust
Many of us, as parents and grandparents, may have a child or a grandchild that is not responsible when it comes to managing his or her money. A major concern is: what will happen if that child or grandchild were left a significant inheritance through a will or a...
What Your Agent Needs to Know About the Responsibilities Under Your Durable Power of Attorney
You may know that a durable power of attorney is a written document by which a person designates another to transact his or her business. What you may not know, however, is that the attorney-in-fact has the full authority to perform, without prior court approval,...
With Cyber Monday Right Around the Corner Don’t Miss These Safety Tips
During the month of November, there is traditionally an increase in internet traffic as many consumers complete their holiday shopping online. In years past, Black Friday became one of the most notable holiday events with local stores participating in multiple special...
Americans Should Avoid These Top Estate Planning Mistakes
Estate planning is one of the most important aspects of financial health. Among other things, an estate plan protects and transfers wealth to family members, and other designated beneficiaries, in accordance with one’s desires. Despite its importance, it is estimated...
Possible Complications When Spouses Live In Different States
Spouses who reside in separate states will need to understand the different estate planning laws that govern each state. There may be benefits to living, and dying, in one state over another and these considerations need to be discussed with your estate planning...
Are Pet Trusts an Essential Part of Your Estate Plan?
The major consideration in deciding if a pet trust is worth including in your estate plan depends largely on both the cost of the trust and the longevity of your pet’s life expectancy. For example, if your pet has a short life-expectancy, your own durable power of...