Passing Your Stories and Values to Future Generations Money tends to be focus of an estate plan, but the one’s riches of wisdom, values and experiences, can be more meaningful to their family and friends. Reinforcement of family traditions can be built into your estate plan alongside your wishes regarding your money, property, and belongings. […]
Genealogy has long fascinated many people, and it continues to be studied by those who are interested in discovering who they descended from and what those family members were like. Many of us have gazed at black and white or sepia-tone photos of ancestors whose names we don’t know and wondered about their lives, joys, […]
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 […]
If you think you only need to create Discretionary Lifetime Trusts for young, troubled, or financially inexperienced beneficiaries, then think again. In this age of frivolous lawsuits and high divorce rates, discretionary lifetime trusts should be considered for all your beneficiaries, minors and adults alike. What Is a Discretionary Lifetime Trust? A Discretionary Lifetime Trust […]
