Feb 13, 2020 | Estate Planning, Uncategorized
Take Steps to Curb Power of Attorney Abuse February 18, 2020 A financial power of attorney can be a valuable planning tool. The most common type is the durable power of attorney, which allows someone (the agent) to act on the behalf of another person (the...
Feb 3, 2020 | Estate Planning, Uncategorized
Inheriting Property? Be Aware of the Basis Consistency Rules February 4, 2020 If you’re in line to inherit property from a parent or other loved one, it’s critical to understand the basis consistency rules. Current tax law, passed in 2015, provides that the...
Jan 23, 2020 | Estate Planning, Uncategorized
If You’re A Non-U.S Citizen, the Estate Planning Rules are Different February 11, 2020 Traditional estate planning strategies generally are based on the assumption that all family members involved are U.S. citizens. However, if you or your spouse is a...
Jan 20, 2020 | Estate Planning, Uncategorized
Estate Planning Through the Years January 28, 2020 Virtually everyone needs an estate plan, but it isn’t a one-size-fits-all proposition. Even though each person’s situation is unique, general guidelines can be drawn depending on your current stage of...
Jan 7, 2020 | Estate Planning, Uncategorized
Three Benefits of Qualified Opportunity Funds January 8, 2020 The Tax Cuts and Jobs Act created a new program to encourage investment in economically distressed areas through generous tax incentives. The Qualified Opportunity Zone (QOZ) program relies on investments...
Dec 19, 2019 | Estate Planning, Uncategorized
Estate Planning: Naming a Beneficary of a Life Insurance Policy December 19, 2019 Life insurance can be a powerful financial and estate planning tool, but its benefits can be reduced or even eliminated if you designate the wrong beneficiary or fail to change...
