Is a Living Trust Appropriate for You?
You have probably heard others discussing living trusts but may not understand the reasons for them or whether you should have one.
Charitable Giving
Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax, and reduce the amount of taxes your estate may owe when you die.
This is What Happens to Your Unpaid Debts If You Pass Away
If you are one of the millions of Americans with debt, you might wonder what happens to it when you pass away. As with most things financial, it depends.
Wealth Transition and Succession Planning: Best Practices for Businesses During COVID-19
Wealth transition and succession planning were always complicated processes—COVID-19 did not do it any favors.
5 Tips to Prepare for Parenthood
As you prepare for life with your baby, here are a few things you should think about.
Could You Be Responsible for Your Parents’ Nursing Home Bills?
There are 26 states where laws generally hold children financially responsible for certain debts of their parents.
Will vs. Trust: 7 Key Differences
Wills and trusts are common estate planning documents. While each can help in the distribution of assets at death, we outline seven key differences between the two.
Importance of Estate Planning in COVID-19 Times
Concerned how your Advance Directives or Do-Not-Resuscitate Orders may affect you in the event of COVID-19 and the use of ventilators?
Minimizing the Tax Burden of an Inherited IRA
Our Financial Planning Experts tackle a listener’s concerns about passing a tax burden to his children with an inherited IRA.
The Suddenly Single Taxpayer
The “Money Talks” experts have a conversation on what a recent widow should pay attention to as she files her tax return and moves forward as a single filer.