5 THINGS YOUR GRADUATE SHOULD DO BEFORE COLLEGE
May is graduation month. This is a time when many of you are celebrating a child’s academic achievements, and even getting ready to send them off to college. During this hectic time do not overlook important estate planning matters. My own daughter is graduating this month from college. Thankfully she took Mom’s advice. With her being away from home, having these documents in place made emergencies easier to handle.
Read More3 TIPS TO PASS ON FINANCIAL WISDOM TO YOUR BENEFICIARIES
A recent study carried by Ohio University shows that an astonishing 33 percent of all beneficiaries in the US lose their entire inheritance within two years of receiving it. This is either because they don’t know how to properly manage their money, or they misuse their wealth on an unsustainable lifestyle, spelling trouble in future.
Read MoreWILLS AND TRUSTS AND INTESTATE SUCCESSION. OH MY!
Have you wondered whether you have the right estate planning documents in place? Should you have a will or a trust? Do you need an estate plan at all?
Read MoreTHE HEALTHY ESTATE
At the time of this writing President Trump’s proposed tax plan is still uncertain. Along with tax reform, the proposal calls for a complete elimination of the estate tax in 2023 and an increased estate tax exclusion amount beginning January 1, 2018, through 2023. There is also a proposal to eliminate the generation-skipping transfer tax.
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