Planning for Incapacity

Planning for Incapacity

Protect your Financial, Estate, and Business Goals from the Risk of Incapacity or DisabilityResearch by the U.S. Department of Health and Human Services estimates that about half (52%) of Americans turning 65 today will develop a disability serious enough to require long-term services and support. Long-term physical and mental incapacity can have far-reaching implications on

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2020 CARES Act and You

2020 CARES Act and You

Financial Considerations for Individuals and Business Owners On March 27, 2020, President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act to provide nearly $2 trillion of support to families and businesses during the COVID-19 pandemic. This is the largest economic relief package in US history, with provisions that will affect nearly every

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What Your Trust Can Truly Do

What Your Trust Can Truly Do

Nine Tips for Maximizing the Impact of your Trust Trusts are commonly used as an effective means of managing, protecting and transferring a family’s financial wealth. But like so many things in life, you only get out of it what you put into it. Trusts should not be parked in your estate planning garage and

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The SECURE Act of 2019

The SECURE Act of 2019

The U.S. Congress often uses the tax code to influence the behavior of American citizens. For example, it is in our nation’s best economic interest to have a robust real estate market. Therefore, our tax code provides many favorable tax provisions related to home ownership. It is also in our best interest to have people support charitable causes. Therefore, the tax code offers numerous tax deductions for gifts to charitable organizations. In a similar fashion, it is in our nation’s best interest for individuals to save sufficiently so they are capable of financially supporting themselves during retirement. Therefore, our tax code contains numerous tax advantages for employer sponsored qualified retirement plans and individual retirement accounts (IRAs).

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