If you have kept up with current events, you know that January 1st marked a significant change to retirement accounts. On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which became effective January 1, 2020. The Act is the most impactful legislation affecting retirement accounts in [...]
A great article from Time - worth the read...click to go to Time.com... WHY YOU NEED TO MAKE A 'WHEN I DIE' FILE BEFORE IT'S TOO LATE
If you think you only need to create discretionary lifetime trusts for young, troubled, or financially inexperienced beneficiaries, then think again. In this day and age of frivolous lawsuits and high divorce rates, discretionary lifetime trusts should be considered for all of your beneficiaries, minors and adults alike. What Is a Discretionary Lifetime Trust? A [...]
As the holidays approach and family gatherings abound, you may wish to set aside some time to discuss estate planning with your parents. If you find yourself in the “sandwich generation” (someone who is caring for both your children as well as your parents simultaneously), you need to know whether or not your parents have [...]
Estate planning is meant to be an ongoing process, not a one-time transaction. In the same way that you never stop budgeting, saving, and investing as you go through life, it is also sensible to see estate planning as a lifelong project. Let’s look at some of the considerations you should make now that the [...]
The divorce process can be long and expensive. However, the work does not end once the divorce decree is signed. Visiting another lawyer's office may be the last thing you want to do, but we can help simplify the process for you. In order to ensure that your assets and estate planning wishes are carried [...]
Early-November is generally the time when employers send out summaries of employee benefits offered by the company and give employees the option to enroll in these benefits. These can include retirement plan options, health care, dental, vision, disability, and life insurance coverage. Your employer may pay 100 percent of the premiums, split the costs with [...]
