Blog Articles

What are RMD Rules for 2023?

March 7, 2023

The SECURE 2.0 Act, which was signed into law in December 2022, changes the RMD rules for retirement savers beginning in 2023.

Estate Planning

What Should Seniors Know before Remarrying?

March 6, 2023

As the calendar turned to 2023, many of us took a moment to think about resolutions. I want to lose 10 pounds. I want to read things that aren’t just about work. I want to learn how to play pickleball. Or maybe this year I’ll give a relationship another shot. Maybe I’ll even remarry.

Estate Planning

What About Probate Costs?

March 3, 2023

Probate is the process of proving a will and settling an estate after an individual (decedent) dies.

Estate Planning

Emotional Issues in Estate Planning?

March 2, 2023

There is a massive movement of money going on right under our nose. It’s not illegal or unethical. However, it’s fraught with peril.

Estate Planning

When to Make a Portability Election?

March 1, 2023

A common financial mistake married farm couples make occurs when the first spouse dies, and the surviving spouse fails to ‘elect portability.’

Estate Planning

I Need a Life Insurance Trust?

February 28, 2023

Created to own and control a life insurance policy or policies while the insured is alive, Irrevocable Life Insurance Trusts (ILITs) are tools that are sometimes recommended by estate and planners.

Estate Planning

Estate Planning for Caregiving Children?

February 27, 2023

A not uncommon estate planning scenario is an elderly parent who lives with an adult child, either at the parent(s)’s home or at the child’s home.

Estate Planning

Estate, Gift, and Generation Skipping Taxes

February 24, 2023

The Internal Revenue Services has announced the inflation-adjusted figures for estate, gift and generation-skipping transfer (‘GST’) tax exemptions for 2023.

Estate Planning

Presley Estate Battle Heating Up

February 23, 2023

Priscilla Presley believes she should be in charge of daughter Lisa Marie Presley's estate. However, a legal document filed seven years ago suggests that wasn't what the singer-songwriter wanted should she die.