Peter and Gail were nearing retirement. Over the years, with the help of their financial advisor, they made solid investments in securities and built a sizable portfolio. While their investments increased substantially in value, their potential capital gains tax bill was rising. Now with retirement on the horizon, they were looking for a way to sell their highly appreciated stock, generate income for their future and avoid paying high capital gains tax. Continue reading
In 2016, a couple of events occurred in my life that had significant impacts on me and my family. On July 4th, while I was relaxing at my mother-in-law’s home and taking a nap under a tree, a limb fell out of the tree and hit me on the head. But for the chair in which I was sitting having a cover which broke the fall, I am quite certain the limb would have taken my life. Continue reading
IRAs are one the trickiest assets for estate planning attorneys to handle for many reasons. First, they often are overlooked in the estate planning process because they cannot be transferred during lifetime. This asset, like some other assets, are controlled by beneficiary designation. While the client might remember a large IRA, they often forget smaller IRAs. As a result, beneficiary designations often are left unchanged even when circumstances have changed, making those designations no longer appropriate. Continue reading
Christmas Pops 2017 tickets will be available Saturday, November 18th, 2017 at 10:00 AM at the Old Crockett Theater. Maximum (4) tickets per person, first come first serve. Get them while you can!!!!
If you are a caregiver looking for financial assistance, there are several programs that may be able to help you. While you will still have to pay some out-of-pocket, taking advantage of these services can help you reduce the amount that you are personal spending on caregiving. Here are three ways you can get financial help. Continue reading