How Do Special Needs Trusts Work?

Trusts give parents of special-needs children additional options for extending care and financial assistance. However, you might need some expert help.

What Qualifies as a Qualified Charitable Distribution?

Qualified Charitable Distributions, which allow Individual Retirement Account holders in their 70s and older to divert some of their federally taxable required distributions to charity while reducing their federally taxable income, are back after a 2020 hiatus.

Massive Changes to RMDs from Stimulus Plan

Here are the highlights of the most recent tax changes found in the $2 trillion coronavirus relief bill, which the Senate has approved, and the House recently passed.