January 02, 2019
NP Trusts & Estates Blog
Author(s): Sarah M. Richards, Alyson L. Stevenson, Elena N. O’Leary, CPA, Dawn E. Lannon, CPA
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.
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
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
Economic and market highlights from the NP Investment Team for December 2018.—NP Investment Team
Filing taxes electronically gives taxpayers multiple benefits and options.—Alyson Stevenson
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
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
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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