To POA or Not POA
Have you thought lately about creating a power of attorney? Many don’t even think about getting one in place until they have a major issue. The problem with waiting until it is needed is in the requirements for the document to be valid: You must create it of your own...
Four Steps to Valuing an Estate
Four Steps to Valuing an Estate Determining the value of an estate is a fundamental first step in estate management and a critical requirement for settling a decedent’s estate.1 How to Assess the Value of an Estate Select the date of calculation. Because values move...
Steps to Protecting a Child with Disabilities
Steps to Protecting a Child with Disabilities Key Takeaways Government benefits like Supplemental Security Income and Medicaid, although helpful, may impact other aspects of your strategy. The purpose of a special-needs trust is to provide supplemental and extra...
A Living Trust Primer
A Living Trust Primer A living trust is a popular consideration in many estate strategy conversations, but its appropriateness will depend upon your individual needs and objectives. What is a Living Trust? A living trust is created while you are alive and funded with...
Term vs. Permanent Life Insurance
Term vs. Permanent Life Insurance According to industry experts, most people don't have enough life insurance. The American Council of Life Insurers recently reported that average coverage equals $197,000, which is equivalent to almost 3.5 years in terms of income...
Starting a Roth IRA for a Teen
Starting a Roth IRA for a Teen Want to give your child or grandchild a financial head start? A Roth IRA might be a choice to consider. Read on to learn more about how doing this may benefit both of you. Rules for setting up a Roth IRA. If your teen has an earned...
How Will the Economy React to AI?
How Will the Economy React to AI? Artificial intelligence (AI) tools are already invading every aspect of our lives. Debates are ongoing about how it will infiltrate individual industries. Governments are working to understand AI and determine how to regulate...
Filing Final Tax Returns for the Deceased
Filing Final Tax Returns for the Deceased When a family member passes away, there are many decisions that need to be made and many emotions to handle. The last thing anyone thinks about is taxes. Unfortunately, even the deceased can’t escape taxation. If the departed...
9 Facts About Retirement
9 Facts About Retirement Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of what approach you intend to take,...
Five Most Overlooked Tax Deductions
Five Most Overlooked Tax Deductions Who among us wants to pay the IRS more taxes than we have to? While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible. Let’s take a quick look at the five...
To POA or Not POA
Have you thought lately about creating a power of attorney? Many don’t even think about getting one in place until they have a major issue. The problem with waiting until it is needed is in the requirements for the document to be valid: You must create it of your own...
Four Steps to Valuing an Estate
Four Steps to Valuing an Estate Determining the value of an estate is a fundamental first step in estate management and a critical requirement for settling a decedent’s estate.1 How to Assess the Value of an Estate Select the date of calculation. Because values move...
Steps to Protecting a Child with Disabilities
Steps to Protecting a Child with Disabilities Key Takeaways Government benefits like Supplemental Security Income and Medicaid, although helpful, may impact other aspects of your strategy. The purpose of a special-needs trust is to provide supplemental and extra...
A Living Trust Primer
A Living Trust Primer A living trust is a popular consideration in many estate strategy conversations, but its appropriateness will depend upon your individual needs and objectives. What is a Living Trust? A living trust is created while you are alive and funded with...
Term vs. Permanent Life Insurance
Term vs. Permanent Life Insurance According to industry experts, most people don't have enough life insurance. The American Council of Life Insurers recently reported that average coverage equals $197,000, which is equivalent to almost 3.5 years in terms of income...
Starting a Roth IRA for a Teen
Starting a Roth IRA for a Teen Want to give your child or grandchild a financial head start? A Roth IRA might be a choice to consider. Read on to learn more about how doing this may benefit both of you. Rules for setting up a Roth IRA. If your teen has an earned...
How Will the Economy React to AI?
How Will the Economy React to AI? Artificial intelligence (AI) tools are already invading every aspect of our lives. Debates are ongoing about how it will infiltrate individual industries. Governments are working to understand AI and determine how to regulate...
Filing Final Tax Returns for the Deceased
Filing Final Tax Returns for the Deceased When a family member passes away, there are many decisions that need to be made and many emotions to handle. The last thing anyone thinks about is taxes. Unfortunately, even the deceased can’t escape taxation. If the departed...
9 Facts About Retirement
9 Facts About Retirement Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of what approach you intend to take,...
Five Most Overlooked Tax Deductions
Five Most Overlooked Tax Deductions Who among us wants to pay the IRS more taxes than we have to? While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible. Let’s take a quick look at the five...
