Trusts And Estates
01.14.20
12.20.19
IRS Debuts New Form 1040-SR for Seniors
The IRS is introducing a new Form 1040 form designed specifically for seniors: Form 1040-SR.
Category Trusts And Estates
12.18.19
New York State increases small estate threshold to $50,000
Estates of New York decedents with probate estates of $50,000 or less can be administered under a simplified proceeding.
Category Trusts And Estates
12.11.19
How to recognize and avoid email phishing scams.
Category Trusts And Estates
12.03.19
Taxpayers who donate to charity should check out these resources
Donating to a charity not only supports your charitable organization, but can also benefit you through a tax deduction. However, not all donations are eligible for deductions.
Category Trusts And Estates
11.27.19
IRS confirms “clawback” will not apply to gifts made under the...
The Treasury Department and Internal Revenue Service recently confirmed that gifts made under the increased gift and estate tax exclusion amounts in effect from 2018 to 2025 will not be adversely impacted when the exclusion amount is scheduled to drop to pre-2018 levels on January 1, 2026.
Category Trusts And Estates
11.26.19
2020 contribution limits for 401(k) and IRAs
The Internal Revenue Service released the annual limits for contributions to retirement plans in 2020.
Category Trusts And Estates
11.19.19
Advanced care planning can’t start too soon
Baby boomers are entering retirement. Most boomers are unprepared for the probability they will need long-term care.
Category Trusts And Estates
11.14.19
Power of attorney: A powerful estate planning tool
A power of attorney can save your family time and money (and headache) if you later become unable to make financial decisions on your own. If you can contemplate any scenario in which someone might need to act on your behalf related to your finances, you should execute a power of attorney now (while you still can).
Category Trusts And Estates
