An election year can bring about changes that affect estate planning goals, especially for those with considerable wealth and assets. The Internal Revenue Service has announced 2021 limits for estate and gift taxes. Reviewing your estate plan by the end of 2020 will...
Helping You Look After
THE PEOPLE AND THINGS YOU VALUE
Year: 2020
Safeguard the present and future for a special needs child
Perhaps you have a special needs son who is now 18 years of age. You want to ensure his wellbeing and financial security both now and in the future. What options are available? Protecting benefits Your goal is to set aside funds for the future care of your son...
Understanding common types of trusts
When planning your estate, you will learn about various types of trusts. Establishing a trust can protect assets for your descendants and help them minimize the tax expense associated with an inheritance. Review the common types of trusts to explore how they may fit...
3 estate planning mistakes to avoid
Proper estate planning allows you to make informed decisions about the handling of your assets. Having a plan in place gives you and your loved ones peace of mind knowing that you had the opportunity to maximize the value of your estate and make the designations you...