Blog Digest

Does your retirement budget account for all of these costs?

When it comes to owning property in two different states, you may wonder how to manage these in your estate plans.

In 2017, Congress doubled the exemption starting in 2018, and the amount will continue to rise with inflation through 2025. This expansion helped reduce the number of taxable estates to about 1,300 for returns filed in 2020 from about 5,200 in 2017, according to the latest IRS data.

You don't get to use all the money in your traditional 401(k) and IRA for retirement because you still have to pay taxes on it.

Why Elder Law Is Necessary? In two words: baby boomers.

It’s not uncommon for older couples to reach a point when nursing home care is needed for one spouse — and the cost isn’t something they were prepared for.

Planning for your future should start after you get a job. Therefore, it is advisable to start saving a certain percentage of your salary every month and buying assets whenever you can. That will guarantee that you will have a comfortable life after retirement.

Estate planning is a term generally applied to the steps taken to create a roadmap for a person’s assets when they die or become incapacitated.