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If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. But because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off — and even more pleasing to avoid them altogether. If there’s ...
What is the origin of April Fools Day? Some historians speculated that April Fools Day may have begun as far back as 1582, AD. France had switched from the Julian calendar to the Gregorian calendar, as directed Council of Trent in 1563. The people who were slow to get the ...
My dad is investing in cryptocurrency! I know nothing about it and, frankly, I am not interested in learning. I think it is a passing fad. When he dies and I am responsible for the distribution of his estate to my siblings, do I need to address the crypto?
Trusts are often associated with the rich. However, the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.
It seems so hard to believe there are an estimated 27 million or more small businesses in the United States of America. It takes a special kind of person or couple to want to own their own business. They will work crazy long hours and be devoted to your business. ...
Everyone likes money, right? Giving money to family or friends can also be a smart tax planning move.
Like DMX and Prince, many Black Americans have failed to participate in the estate planning process.
In order to give your brother half of the assets in the IRA, you will have to liquidate a portion of the account and pay the taxes on the liquidated amount if it’s a traditional IRA.
While National Puppy Day is not an official holiday, it can be a bother or super fun day, with a dash of sadness for all of those pups that never found their forever homes. This “holiday” was created by an animal expert and behaviorist, Collen Paige. Ms. Paige believed there ...
Tax rules on individual retirement accounts (IRAs) are different for inherited IRAs. Some differences are positive.
