Update Your Beneficiary Designations

Update Your Beneficiary Designations

Take some time this week and make a list of your investment, banking, retirement, and life insurance accounts.  Then, reach out to each institution to update your beneficiary designations, naming who you want to receive the account funds on your death. Having updated...

“B” is for Basis and “C” is for Capital Gains Tax: Don’t Throw Money Away with Poor Planning

In a world where estate tax only applies where an individual US person has over $11 million in assets (or $22 million for a married couple), the main focus of estate planning clients is often avoiding probate and the fees that come with it.  (Attorneys’ fees in...