Where Do The Candidates And Parties Stand On Social Security?With the political conventions of both major parties scheduled in the next few weeks, it’s a good time to look at the positions the presidential candidates and political parties hold on Social Security. It’s also a particularly opportune …
Financial Planning for a Biden Tax Plan
Financial Planning for a Biden Tax PlanAlthough US Presidents' influence on the economy is limited, their tax plans can affect Americans' personal finances. Given Biden's current lead in the polls and the real possibility of Democrats gaining control of the Senate, his tax plan may eventually be …
Estate Planning Secrets: How To Avoid Probate
Estate Planning Secrets: How To Avoid ProbateProbate is known for being an unnecessarily complicated and lengthy procedure. Even when the estate being probated is fairly simple and straightforward, proceedings can go on for some time, depending on different factors. With larger estates or those …
STOP NAMING TRUSTS AS IRA BENEFICIARIES!
STOP NAMING TRUSTS AS IRA BENEFICIARIES!Yes, trusts can play an instrumental role in estate planning. Yes, special needs trusts are invaluable to those with disabled or chronically ill family members. Trusts are essential for minors and for those who may struggle with managing money. Trusts also …
5 Key Ways to Reduce Taxes in Retirement
5 Key Ways to Reduce Taxes in RetirementAdvising your clients on the best path to retirement is a significant part of financial planning. But offering strategies to help reduce their taxes during retirement is equally valuable, as taxes can take a bite out of your client’s retirement income.Here are …