Are you a disabled veteran, the unremarried surviving spouse of a deceased disabled veteran, or part of a household with income and assets below certain poverty guidelines? If so, you might be eligible for financial relief. You may not have …
Do Your Homework Before Buying a Home
The real estate market is really hot right now. I know a number of people who have sold their home the day it was listed. In certain price ranges, it is not uncommon for sellers to get multiple offers above …
The Title of Assets Matter with Trusts
You finally have signed your trust. But hopefully, your estate plan includes more documents and instructions than your trust. In addition to your trust, you should have, at a minimum, your financial and health care powers of attorney and your …
Estate Tax Exemption Increase Not So Permanent
As we have discussed in prior columns, the Tax Cuts and Jobs Act of 2017, signed by President Trump on December 22, 2017, made numerous changes to the taxation of trusts and estates. The 2012 “permanent” inflation adjusted $5 million …
How to Leave an Inheritance to a Child or Other Beneficiary
You have worked hard your entire life and have accumulated some savings. There will be some left after you are gone. You want to leave what’s left to your children or other loved ones. If you are like many others …