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How Do I Address Digital Assets in Estate Planning?

Digital assets are part of your legacy. It’s important to plan for how you want them to be managed after you’re gone.

Posted on: June 1, 2021

What Is the Main Purpose of a Trust?

Before you decide to put your home in an irrevocable trust, it is important to have a basic understanding of what you are doing and why.

Posted on: May 28, 2021

What Is a POD Account?

Payable on death accounts can help streamline the process of transferring certain assets to loved ones, after you pass away.

Posted on: May 27, 2021

What Is Benefit of a Roth IRA at the Time of Retirement?

Although the Roth IRA is often touted for the unique combination of benefits it offers to retirement savers, some of its perks often go overlooked. Here are four that you should know about.

Posted on: May 26, 2021

What Is the Tax-Law Exception for 529 College Plans in 2021?

Under a tax-law exception this year, clients can make a lump-sum 2021 gift of up to $75,000 to fund a 529 college savings account for a child or grandchild (or any other college-bound individual) and claim a federal gift tax exclusion for the full amount.

Posted on: May 26, 2021

Should I Create a Trust?

Establishing a trust is a great first step in estate planning.

Posted on: May 24, 2021

How Do I File Taxes on a CARES 401(k) Withdrawal?

Penalties were waived on 401(k) and IRA withdrawals for coronavirus costs, but you still owe the taxes.

Posted on: May 21, 2021

What Is the Purpose of an Estate Plan?

You can reduce stress and expenses for yourself and your family, if you develop an estate plan that includes these important documents.

Posted on: May 20, 2021

What Is a Transfer on Death Deed?

Lots of people “forget” to have a will prepared.

Posted on: May 19, 2021

Can Estate Taxes Be Avoided with a Trust?

The estate tax exemption raised by the Tax Cuts and Jobs Act will sunset in five years—possibly sooner, as the new Congress gears up for a Biden tax overhaul.

Posted on: May 18, 2021