Estate Planning
Beneficiary Mistakes to Avoid
Before making a decision on a beneficiary, it’s very important to check your state laws. Some states have different rules on who you can name as a beneficiary.
January 16, 2023
Estate Planning
What Is a Digital Asset for Estate Planning?
At any given time, the average American maintains between 30 and 50 online accounts. These may be with banks, financial institutions, utility companies, email providers, social media outlets, commercial shopping or travel sites and accounts unique to technology, such as an account to purchase apps for a smartphone.
January 12, 2023
Estate Planning
Should Each Child Get Equal Inheritance?
Equally sharing the wealth among the children isn’t always fair, such as when one sibling is the primary caretaker, or another is already wealthy.
January 10, 2023
Estate Planning
2023 Gift and Estate Tax Exemptions Increase for Federal and Connecticut
The federal lifetime gift and estate tax exclusion will increase for 2023, with possible increases for 2024 and 2025. However, these high thresholds are only temporary, unless there is a change in tax law.
January 9, 2023
Estate Planning
What are the Big Takeaways for Social Security in 2023?
2022 has been a tough year for many seniors, but the outlook for 2023 shows some potential ‘silver linings.’
January 6, 2023
Estate Planning
What Exactly Does an Executor Do?
The main responsibility of an executor of a will is to carry out the final wishes of the person who bestowed that position of trust.
January 5, 2023
Estate Planning
Can I Leave Money to My School in My Estate Plan?
A love for nursing and a desire to help young people prompted a Norfolk man to include a nursing scholarship at Northeast Community College in his estate planning.
December 29, 2022
Estate Planning
Why Professionals and High Net Worth Families Need Estate Planning
Physicians may deal with life and death issues every day. However, few may want to think about the eventuality of their own end.
December 28, 2022
Estate Planning
What Is Social Security Increase in 2023?
The government has announced a change that may help ease the pain for those who depend on Social Security, along with two others that will affect those who are still working.
December 27, 2022
Estate Planning
Estate Planning Mistakes to Avoid
From time to time, it’s good to review why having a complete, up-to-date estate plan is so important.
December 22, 2022
