The passing of a loved one is always tragic, and unfortunately, many family members end up fighting over who gets what at the end of the day. This can happen when it is unclear what your wishes are, and family members may believe they are entitled to certain property or assets that may or may not be […]
Five Topics to Discuss With Your Spouse Before You Retire
Planning with your spouse and work together to come up with a plan before you retire is important. It is important that you and your spouse share the same vision. Fidelity Investments conducted a study last 2011 and have found out that most husbands and wives are not in accord about retirement. Study shows that […]
Inherited IRAs & the Taxes Involved
Receiving an inheritance can be a blessing, but there are typically tax obligations involved including the inheritance of an IRA. If you inherit an IRA, you should check with an attorney or financial advisor as soon as possible to find out what your options are. IRAs are personal savings plans that allow you to set […]
Contributing to Your Grandchildren’s Future
When estate planning, gifting assets to your grandchildren can do more than help your descendants get a good start in life; it can also reduce the size of your estate and the tax that will be due upon your death.
