14 02, 2017

New Legislation Could Mean the End of Estate and GSTT Taxes

2018-02-02T22:10:41-05:00February 14th, 2017|

On January 24, 2017, the Death Tax Repeal Act of 2017, or H.R. 631, was introduced to the U.S. House of Representatives by South Dakota congresswoman Kristi Noem. If passed, H.R. 631 would completely repeal the federal estate tax. A [...]

2 02, 2017

How to Deduct Long-Term Care Premiums From Your Income

2018-02-02T22:10:41-05:00February 2nd, 2017|

Taxpayers with long-term care insurance policies can deduct some of their premiums from their income. Whether you can use the deduction requires comparing your medical expenses to your income in a complicated formula. Premiums for qualified long-term care insurance policies [...]

2 02, 2017

Preventing a Will Contest

2023-12-21T05:33:03-05:00February 2nd, 2017|

Emotions can run high at the death of a family member. If a family member is unhappy with the amount they received (or didn't receive) under a will, he or she may contest the will. Will contests can drag out [...]

17 01, 2017

Got Stuff? George Carlin Says You Need An Estate Plan!

2023-09-03T07:52:21-04:00January 17th, 2017|

George Carlin would have been a great pitchman for estate planning. You may remember his stand-up routine on "stuff." We all have stuff, and we're pretty particular about our stuff. We move it around with us, it's hard for some [...]