After years of saving and planning for their golden years, many people nearing retirement fail to consider the tax burden they may face on income they receive after they stop working. While you will likely see a reduction in the amount of taxes you owe after the age of 65, you still need to plan ahead if you want to minimize your tax bill from the IRS.… Read More
Many of us hope to leave something behind for our loved ones when we pass away. But the probate process is complex. To understand how to better manage potential probate fees, let’s explore what probate is and how the process works.… Read More
Inflation sometimes seems like one of those afflictions of an era long since passed into the history books. While it’s true that double-digit inflation has been absent for the last 30 years or more, you may remember the high inflation years of the 1970s.¹… Read More
Identity theft hits your finances, but also can affect your taxes too
Identity theft is one of the fastest growing crimes in the United States, with as many as 10% of Americans over age 16 victims last year, according to a bulletin from the Bureau of Justice Statistics.… Read More
A well-structured estate plan can be invaluable to you and your family
It is common for people to put off estate planning. After all, no one wants to anticipate his or her own death. In addition, many people may believe that only the wealthy require estate planning or that all that is involved is tax planning, which can be done “later.”… Read More
Questions that all policyholders should ask themselves at least once a year
When Judy purchased her life insurance policy 10 years ago, she thought her insurance planning was complete. She assumed that if she paid her premiums on time, she could sit back and not think about life insurance anymore. … Read More