Trusts Aren’t Just for Rich People
One of the more common misconceptions about trusts is that they are only for celebrities and the wealthiest of families. Not so. Trusts can accomplish a wide range of planning objectives, many of which apply to “regular folks.” Let’s look at few examples.
Avoiding ProbateProbate is a legal process whereby an individual’s...
FEMA Now Provides Financial Assistance for COVID-Related Funeral Expenses
If you have lost a loved one due to COVID-19, FEMA now offers financial assistance for funeral expenses. Assistance is available retroactively for funeral expenses incurred after January 20th of last year.
Eligibility RequirementsTo be eligible for assistance from FEMA, your loved one must have passed away in the United States (including...
The $250,000/$500,000 Home Sale Tax Exclusion
If you own your home and are thinking of selling, it can be important to understand the home sale tax exclusion so you can maximize your tax benefits. Did you know your exclusion may be up to $250,000 in capital gains if you are single, or...
The $250,000/$500,000 Home Sale Tax Exclusion Continue reading…