What's trending on Trusts and Estates

January 02, 2019

NP Trusts & Estates Blog

Author(s): Sarah M. Richards

Estate planning resolutions for 2019, December economic highlights, reasons to e-file your income tax return and more. Here’s what’s trending in estate planning and wealth management.

Estate and Gift Planning

Estate planning resolutions for 2019

As another new year starts, many of us make new year’s resolutions, like going to the gym more often. Why not make a resolution to evaluate your estate plan to make sure it meets your family’s current needs?—Sarah Roscioli

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Looking for the perfect gift for your young adult child? How about an estate plan?

If your young adult child does not have an estate plan yet, the best gift you can give this year could be an appointment with an estate planning attorney (and money to pay for the legal fees!).—Sarah M. Richards

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Wealth Management

Market Pulse: December Economic Highlights

Economic and market highlights from the NP Investment Team for December 2018.—NP Investment Team

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Income Tax Planning

Reasons to e-file your income tax return

Filing taxes electronically gives taxpayers multiple benefits and options.—Alyson Stevenson

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Mortgage interest deduction rule changes

The Tax Cuts and Jobs Act significantly changes the rules on how much mortgage interest taxpayers can deduct from their taxable income beginning in 2018.—Elena N. O'Leary

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Are my real estate taxes still deductible?

While many income tax deductions did not survive the federal tax reform process, the state and local tax deduction provision survived but only as a limited version of the original deduction.—Elena N. O'Leary

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Child Tax Credit changes 2018

Changes to the Child Tax Credit starting in 2018 mean more families are now eligible for the credit, which also doubled since last year.—Dawn E. Lannon, CPA

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The foregoing has been prepared for the general information of clients and friends of the firm. It is not meant to provide legal advice with respect to any specific matter and should not be acted upon without professional counsel. If you have any questions or require any further information regarding these or other related matters, please contact your regular Nixon Peabody LLP representative. This material may be considered advertising under certain rules of professional conduct.

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