Vanilla Ice’s Estate Planning Lessons
In a recent YouTube video, Vanilla Ice shared a cautionary tale about a friend who lost over 80% of their inheritance due to these unexpected taxes. It’s a stark reminder …
Estate Planning Checklist for Multigenerational Wealth Transfers
Studies estimate that 70 percent of family wealth is lost by the end of the second generation and 90 percent by the end of the third generation. To help your …
SECURE 2.0 Act
How It Affects You and Your Retirement Account Beneficiaries On December 29, 2022, President Biden signed the Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0 Act). The …
Navigating the Latest IRS Changes for 2023 Estate Tax Exemptions
Estate Planning 2023 Taxes
Three Important Concerns Self-Employed Individuals Should Address
Being self-employed is no easy task. You are the owner, and in some cases, the only employee. While you may have more freedom than the average worker, a lot of …
Estate Planning for the Self-Employed
Estate Planning for the Self-Employed Myth 1: I already pay Social Security. I do not need to do any other planning. According to the Social Security Administration, “Social Security will …
Community Property Trusts Frequently Asked Questions
1. How can a community property trust help me save on taxes? Community property trusts help married couples save money by reducing or even eliminating capital gains tax after the …
How a Community Property Trust Could Save You Money in Taxes
When it comes to your family’s legacy, every dollar you can save from taxation counts. One way to keep your accounts and property out of the hands of the Internal …
Integrating a Community Property Trust into Your Estate Plan
Careful, trust-based estate planning is the best way to ensure the highest quality of life for you and your loved ones. But, a well-crafted estate plan consists of many parts. …
Myths and Frequently Asked Questions: Families with a Stay-at-Home-Parent
Myth #1: Because I stay at home with the kids, I do not need an estate plan. Estate planning is about more than just passing along your money and property. …