Surviving spouses now have a longer window to benefit from unused gift and estate tax exemption of their dearly departed’s estate.
On July 8, 2022, the Internal Revenue Service issued new guidance that allows a deceased person’s estate to elect “portability” of their unused gift Continue reading
People can spend a lifetime curating art, having these smart estate planning strategies can be lifechanging. It can be a passion for many people and, often, it’s more about enjoying the art or the medium itself than about ensuring financial gain.
However, not everyone will share or Continue reading
Do you know who will handle matters of your estate when you’re gone? Has a close friend or loved one asked you to be the executor of their Will?
Appointing or agreeing to become an executor is something that should not be taken lightly – it’s a role that entails many crucial and serious Continue reading
One of the main goals of Estate Planning is ensuring your family’s wealth will be taken care of and benefit from everything you’ve worked hard for in your lifetime. This can extend beyond your children and also benefit the generations to come.
If you want to pass money to future generations Continue reading
Unfortunately, not all families get along – and some rifts run deeper than others. If you are having problems with one or more of your children and are considering what roles, if any, they should have in your estate plan, there are a number of strategies for addressing these scenarios. Continue reading
How marital property is owned has implications for both estate and tax planning. In most States, spouses can purchase and own property separately from one another. However, in certain States – called community property States – if one spouse purchases property, it is considered the Continue reading
When I first started doing estate planning, I was amazed at how many people thought that it was something only for the wealthy. That is simply not true. Everyone, no matter the size of your estate, can benefit from having an estate plan. Even if an estate planning tool has been Continue reading
Not all inheritances your children will receive from your estate have to be equal because, let’s face it, equal isn’t always fair.
While it is natural for parents to want to treat their children equally in their Estate Plan, there are some circumstances in which a parent might want Continue reading
Naming a trust as beneficiary of your retirement plan can be a good idea in some circumstances, but it can be dangerous if you are worried about creditors coming after your estate.
There are a lot of good reasons to name a trust as beneficiary of a retirement plan, whether it is Continue reading
Not everyone wants to take the required minimum distributions from their retirement accounts right away. If you don’t want your IRA distribution, one option is to donate it to charity and get a tax deduction.
You are required to begin taking distributions from your tax-deferred IRA Continue reading
800 N. Industrial Blvd., Suite 106
Euless, TX 76039
While my address is Industrial Blvd, we are actually on Clinic Drive. Look for the tall red Super Value Pharmacy sign. Whether coming from the North or the South, you will turn off of Industrial Blvd. onto Clinic Dr. Our building is located up the hill just past the Super Value Pharmacy at the far end of the building.
| Mon-Thurs | 8:30am-5:00pm |
|---|---|
| Fri/Sat/Sun | Closed |