Imagine building your own dream team, much like creating a star lineup in fantasy football. Just as each player in a game has unique strengths contributing to the team's success, having a solid team of experts is essential for...
"Trust fund kids" often brings to mind words like "entitled" and "privileged," but it's crucial to look beyond these stereotypes and understand what being a trust fund kid really means. Contrary to common misconceptions, not all trust fund kids...
In today's world, we have easy access to information on the internet, but there are still some misunderstandings about estate planning. Many of us don't take the time to learn about it because we might not realize...
Estate planning is like taking a roll call to make sure everything is in place. Just like you need all your classmates in school, you need specific legal tools for a complete estate plan. These tools help...
Every September, we observe Hunger Action Month, a campaign initiated by Feeding America in 2008 to raise awareness and inspire action against hunger in the United States. Hunger is a critical issue, affecting over 34 million people,...
Prevent Excessive Accumulation
The Greenbook outlines proposals on several different topics. One proposal that could directly impact your future financial security is the proposal to prevent excessive accumulations of wealth by high-income taxpayers using tax-favored retirement accounts. Tax-favored (sometimes referred to as...
Ways the Administration Wants to Modify the Tax Rules for Certain Trusts
Taxes are not just for individuals—they can impact certain types of trusts as well. Whether a trust pays its own taxes or whether the taxes are paid...
When a person dies, there are often several tasks that need to be completed to properly wind down their affairs (their estate)—funerals and other preparations need to be planned, bank and investment accounts closed, property transferred,...
May is National Etiquette Month, and the goal is to encourage all people to act with consideration, respect, and honesty in their interactions with others and in their everyday lives.
Etiquette can also play...
When a person dies, what happens next depends on whether the deceased person had any foundational estate planning documents such as a last will and testament (otherwise known as a will) or trust, who the living relatives are,...
