On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which became effective on January 1, 2020. The Act is the most impactful legislation affecting retirement accounts in decades. It will have a positive impact for many older Americans but could have negative tax consequences for many […]
You and your spouse live together, you work together, and chances are you spend a lot of your free time together. Having a successful family relationship and family business together takes a lot of hard work and dedication but can also be among the most rewarding things in life. To help keep you on the […]
Estate planning for couples in a second or subsequent marriage can be tricky, especially if the size of their estates is disproportionate. One solution for allowing the well-to-do spouse to maintain control of their property and wealth–but keep their other spouse happy–is the “Lifetime QTIP Trust.” The Basics of Creating a Lifetime QTIP Trust In […]
You have searched for and found the love of your life, maybe your first love, or maybe after a previous marriage. As you have built your life together, you have probably weathered your fair share of storms and grown stronger because of them. To prepare for the future and the possibility of no longer being […]
