What are Big Tax Goofs to Avoid when Retiring?
One of the best ways to prepare for retirement is to set aside money in a tax-advantaged retirement account. Hopefully, you have done so year after year and built a nice nest egg.
How to Make Beneficiary Designations Better
Beneficiary mistakes can result in retirement plan assets being transferred to unintended beneficiaries.
What are the Options when Inheriting a House?
Inheriting a residential property like a house marks the end of a life and the beginning of deciding what to do with the property and implementing that plan.
Get Estate Plan in Order, If Spouse Is Dying from a Terminal Illness
Planning for the death of a spouse is difficult and painful. It involves conversations that we don’t want to have.
Wealthy Women Face Challenges in Estate and Tax Planning
Given the expectation the Biden administration will roll back some of Trump’s favorable policies of the past four years, tax consultants and accountants are already hard at work. But for HNW women, dealing with election fallout is minor, compared to the bigger fish they have been frying in the tax pan for decades.
How to Be an Effective Advocate for Elderly Parents
As family caregivers, we play many roles: scheduler, money manager, house cleaner, health aide, nurse, navigator, nurturer and more. Perhaps the most important role, though, is advocate, as we ensure the best life possible for our loved ones when they are vulnerable.
Should I Name a Trust as Beneficiary of My IRA?
It’s generally a bad idea to name a trust as beneficiary of your IRA.
Estate Planning and a Second Marriage
Married people in second marriages with prior children often have to balance the future well-being of their spouse with that of their own children.
Preparing for an Estate Planning Meeting
While most initial meetings with an estate planning attorney will result in some questions you likely have never considered, there are many ways in which you can prepare for a thoughtful and productive estate planning conference that will result in a better understanding of your goals and more efficient use of time with your attorney.
How Does Home Ownership Transfer after a Parent Dies?
My father passed away recently. How do we remove his name from the title to the home? Can we record a death certificate or have mom sign a new deed?