Estate Planning Portability Lives On
When the Tax Cuts and Jobs Act (TCJA) was passed, the big estate planning news was that the federal gift and estate tax exclusion doubled from $5 million to an …
Is your long-term care policy tax qualified?
A long-term care insurance policy supplements your traditional health insurance by covering services that assist you or a loved one with one or more activities of daily living. Such activities …
Running your Personal Finances Like a Business
Most individuals don’t regard themselves as businesses, trying to turn a profit and beat the competition. But, occasionally, it may help to look at your financial situation this way to …
Retiree’s Charitable Contributions Could Offer Income Tax Reduction
As the filing season for 2018 tax returns reaches a peak, many people will learn that they’re no longer itemizing deductions. The TCJA placed limits on some deductions and …
Installment Sales: A Viable Option for Transferring Assets
Are you considering transferring real estate, a family business or other assets you expect to appreciate dramatically in the future? If so, an installment sale may be a viable option. …