Do Powers of Attorney Need New Gifting Rules?
Do Powers of Attorney Need New Gifting Rules? From: financial-planning.com It is one of the most common of all legal documents: The power of attorney form, in which an individual…
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Use A Legacy List To Give Loved Ones Peace of Mind
…each service (e.g., auto mechanic, heating and cooling repair company). When documents on your legacy list change, be sure to update the copy in your drawer, computer file or notebook….
Smart Ways To Move Clients’ Assets To A Tax-Free World
Smart Ways To Move Clients’ Assets To A Tax-Free World From: www.fa-mag.com Change is in the air. And since the tax law is involved, you can be certain that “change”…
4 Mistakes to Avoid During Tax Season
…to watch it. Obviously, you should know that you don’t have tax on $300,000. That’s a tax-free rollover. Most rollovers are tax-free. So make sure that they are tax-free. And…
Got Questions About Medicare Hospice Services? Here Are Some Answers
Got Questions About Medicare Hospice Services? Here Are Some Answers From: www.forbes.com Learning about services that Medicare covers, and their cost, is an important discussion topic for Medicare beneficiaries. However,…
The Good News on Safe Withdrawal Rates
The Good News on Safe Withdrawal Rates From: www.morningstar.com Our annual study suggests that new retirees can spend more from their portfolios. Recent retirees haven’t had an easy time of…
How Will Medicare Cover COVID-19? Your Top Questions Answered
…that in mind, here are some common questions that seniors have as they attempt to navigate the pandemic. 1. Will Medicare cover COVID-19 testing? Testing for COVID-19 can still be…
How an annuity can enhance your retirement portfolio
…deliver the reliable lifetime income you’ll need in retirement. Annuities may not be right for everyone, and many have fees associated with the guarantees they offer. Discuss with your financial…
Preparing Your Finances for Parenthood
…your growing family. 3. Open a savings account for your child. You can start saving for your child’s future early on. In fact, parents can open a savings account for…
Kitces: When and how to deduct long-term care insurance
Kitces: When and how to deduct long-term care insurance From: www.financial-planning.com With the 1996 introduction of tax-qualified long-term care insurance under the Health Insurance Portability and Accountability Act and IRC…
