Life can feel like one hard thing after another. If it’s not this, it’s that. The Capitol is stormed; a pandemic kills millions worldwide; Russia invades Ukraine and meters atrocity that Europe hasn’t seen in nearly a century; worldwide drought and famine pervade; homelessness is on the rise nationwide; crazy inflation and gas prices; Crypto […]
Archives for December 2022
Traveling for the Holidays? 5 Things to Take Care Of
Are you planning on traveling for the holidays? Before you zip up the last suitcase, here are five issues you need to address to protect yourself and your loved ones. 1. Do you have a foundational estate plan? Has it been reviewed? An estate plan is a set of instructions memorialized in legal documents that […]
Gift & Estate Tax Exclusions Rise in 2023
Although inflation is generally nothing to be pleased about, the IRS recently announced inflation-adjusted changes to the annual gift tax annual and estate tax exclusions for 2023. If you are considering wealth transfer tax planning, these are welcome increases. Gift Tax Annual Exclusion Effective January 1, 2023, the gift tax annual exclusion will increase from […]
Power of Attorney: Agent’s Role
For most people, the phrase “power of attorney” means very little. Even for those educated on the subject, it is easy to forget exactly who serves what role and why. Whether you are unfamiliar with the concept or simply need a refresher, keep reading to learn what it means to be an agent under a […]