Giving to charity concept: Alphabet letter wooden blocks with words GIVE in child and parents hands

As we enter the holiday season, many of us will consider making gifts to charity. It is estimated that nonprofits receive 40 percent of their annual donations between Thanksgiving and New Year’s Day. If you are thinking about giving to charity this season, the Better Business Bureau (BBB) Wise Giving Alliance offers the following tips […]

Mature Couple Reviewing And Signing Domestic Finances And Investment downsizing home In Kitchen At Home

Perhaps you have considered selling your current home, buying a smaller one, and using the difference to help fund your retirement. A recent article on explores this approach and details the mistakes you must avoid when downsizing home. Here are some of the highlights. Overestimating Your Current Home’s Value Many people overestimate how much their current […]

Middle-aged man working on his digital estate while sitting at table

Even if you are not tech savvy, you likely have a digital estate comprised of assets with financial and sentimental value. You probably also have plenty of personal information floating around out there in the digital universe. To protect these assets, and to ensure you don’t leave behind a massive digital mess for your loved […]

Colleagues Applauding Senior Businessman

“The Tax Cuts and Jobs Act raised the federal estate tax exemption considerably. Before the tax reform law, it was $5.49 million per person for 2017. It’s up to $11.7 million for 2021 ($23.4 million for a married couple).” For the moment, fewer Americans are concerned about the federal estate tax. However, if your goal […]

senior couple

“Estate planning is a crucial part of any holistic financial plan, and financial advisors often work with estate planning attorneys for guidance in this area.” Everyone wins when estate planning attorneys, financial advisors and accounting professionals work together on a comprehensive estate plan. Each of these professionals can provide their insights when helping you make […]

question mark

“Even those with the best of intentions can fall into the trap of estate planning misinformation. Estate planning attorneys frequently hear rumors and ill advice disguised as facts.” Every family has one: the brother-in-law or aunt who knows everything about, well, everything. If the information is wrong, expensive problems are created, especially when it comes […]

Senior Woman Sitting On Sofa At Home thinking about Social Security

While Social Security is a crucial component of many Americans’ retirement income, it is particularly important to women. According to the National Committee to Preserve Social Security and Medicare, 48 percent of elderly unmarried women relied on Social Security for 90 percent or more of their total income in 2017. The Social Security Administration (SSA) […]

couple owning a bookstore

“Each type of retirement benefit has a different eligibility age. Your age plays a big role in how much you can expect to receive from Social Security and what you need to do to avoid retirement account penalties.” Just as there are many types of retirement benefits, there are many dates to keep in mind […]

family photo

“Vacation property can become a family legacy. Keeping your cabin, fishing lodge, hunting property or other special assets separate for future generations is often a special goal for a family.” There are several ways to protect a vacation home so it remains in the family and is not overly burdensome to any one member or […]

“My great-grandfather was a farmer and had about 23 acres when he died. My grandfather passed away before my great-grandfather. The land was put in a trust for my mother and uncles. My mother passed away two years ago.” From the description above, it’s clear the family had a plan for their land. However, from […]