The small percent of people in this country whose assets would be subject to the US estate tax have been waiting for a Republican president for eight years who could finally repeal this tax. While getting this accomplished is still a difficult task with any president, but it will be a somewhat easier sell now…
DetailsWe All Want To Leave Something In This World That Will be Remembered For Generations When We’re Gone A sense of meaning and purpose becomes even more valuable as we all grow older. Whether you have children or grandchildren, the roads we have taken and the lives we have led can become very important to…
DetailsBlended Families–Beginning a new family brings many exciting firsts and even a few scary ones. There is even more to consider when the new arrival is blended with a blend of existing children. When children come together from both parents starting a new life together, challenges can emerge that should be addressed. You may remember…
DetailsFuneral Pre-Planning Can Be Tricky But It Can Also Be A Wiser Choice Rather Than Waiting Imagine there was only one food store in town. The only time you were allowed to shop there is two days after you ate your last bit of food. Think the store owner could sell you anything he wanted…
DetailsOur New Arizona Tax Program Is Designed With One Goal: To SAVE TAXES Every Year! Ever had your CPA call in the middle of the year and say, “Hey, I have a really good idea on how you can save taxes next year.” We know most people don’t get that phone call. And that’s a problem…
DetailsAre You Now Or Do You Expect To Help An Elderly Parent Or Relative Manage His Or Her Finances? Have you been given a power of attorney? If you answered yes to any of these questions, you have both legal and ethical obligations in your role as a fiduciary. What are they? As A Fiduciary,…
DetailsGetting A Valuation Adjustment For Certain Family Owned Businesses Has Been A Critical Planning Strategy In Avoiding An Estate Tax After Someone’s Death Well…the IRS is proposing to eliminate that strategy. Just yesterday, in the Federal Register, the IRS proposed new regulations that would all but eliminate valuation adjustments. This would apply to business entities,…
DetailsDivorce Is Never A Happy Subject The emotional impact on a family can take months or even years to heal. Another pain that many do not learn about until it is too late is the potentially dangerous effect of divorce on retirement plans and future problems. Folks over 50 who divorce often experience a loss…
DetailsWhat Is A Guardianship? It is no surprise that the older we get, the greater our chances of becoming mentally or physically incapacitated. Yikes. Not a happy subject, it can be a big problem. A guardianship can be the result of becoming incapacitated. They can be extremely expensive as well as heartbreaking for your family,…
DetailsGot a plan?According to a estate plan study commissioned by the Boston College Center on Wealth and Philanthropy, more than $59 trillion in wealth is underway to pass to heirs, charities and Uncle Sam between today and 2061. That’s a LOT of cash…The majority of this is expected to be passed directly to heirs. But another…
Details
