By Margaret Muldoon | January 31, 2020
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the most significant retirement reform legislation in more than a decade. It was signed into law on December 20,… Read More
By Zach Levine | December 19, 2019
Proper legacy planning requires careful thought and preparation. Many people never get around to putting their wishes in writing, causing heartache and perhaps financial difficulties for their family when they… Read More
By Margaret Muldoon | September 19, 2019
When creating your estate plan, it’s important to consider not only today’s circumstances, but also to plan for the uncertainty of tomorrow. This is why everyone should have a special needs clause in their estate documents.
By Hunter Gimbel | January 22, 2019
Under the new tax law, the amount that can pass free and clear of federal estate and gift taxes has almost doubled, from $5.49 million to $11.18 million per spouse. It is possible to gift this money during your lifetime, but the time to act on this is now, because in 2026 the exemption will revert to the old amount.
By Margaret Muldoon | December 11, 2018
When someone passes away, no matter how old they are, it’s difficult for the family to make decisions about how to handle the funeral. But if you have your plans outlined, it takes a lot of the stress off the family. Think big about your estate plan, but don’t forget the little things.
By Zachary Meissner | November 20, 2018
Even if a family-owned business has a strategic transition plan in place, there are a variety of ways that unforeseen tax implications can disrupt a successful transition.
By Margaret Muldoon | October 16, 2018
Many people have the wrong ideas about wills, trusts, and estate plans. After all, estate planning isn’t something most people think about every day and something they may try to avoid. These misconceptions often prevent people from taking action that will save their loved ones countless headaches and difficulties.
By Margaret Muldoon | May 29, 2018
When my father died two years after my mom, he left me half of the family home and the majority of his life insurance. I was working in the financial services industry by that point, so I understood the value of meeting with a financial professional, who gave me guidance on what to do with my inheritance.