Insight Tag: Estate Planning

Forget what you knew about taxes? The Biden Administration is working on tax changes for everybody.

Even if you have plans to live forever, it just makes good sense to put together an estate plan. Keep reading to find out why.

Do you know the difference between an IRA beneficiary and a designated beneficiary? If you have heirs, you should.

Aretha Franklin left behind a lasting legacy as the Queen of Soul. What she didn't leave behind, unfortunately, is a will.

In addition to the magnitude of changes the Tax Cuts and Jobs Act has delivered to taxpayers everywhere, the new law also zeroed in on the way estates and trusts are taxed. Needless to say, these changes are sure to alter the way you look at your long-term financial planning and the legacy you hope to leave behind.

As your health or the health of someone you care about begins to “slip” you may consider bringing in some additional assistance to help improve functionality and overall well being. Fortunately, you may be able to catch a bit of a break on your tax bill thanks to the personal medical expense deduction. Read on to learn more.