potential-estate-planning-opportunities-in-2020-to-implement-now

Potential Estate Planning Opportunities in 2020 to Implement Now

  With the stock market soaring and diving and the news in 2020 overtaken by Covid-19, a presidential election, and natural disasters nationwide,  estate planning may be the furthest thing from your mind. But now may actually be a great  time  to plan for the future. Here are some things to consider: The annual gift tax...
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What Is a Trust?

A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a "trustee," holds legal title to property for another person, called a "beneficiary." The rules or instructions under which the trustee operates are set out in the...

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Long-Reviled Military ‘Widow’s Tax’ Is Finally Being Phased Out

A controversial policy that reduces the benefits of military spouses is on the way out. The so-called “widow’s tax” cuts assistance to surviving military spouses who qualify for benefits under two different military benefit programs.

The two programs are:

The Department of Defense’s Survivor Benefit Plan (SBP), which allows a military...
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