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The SECURE Act’s Impact On Estate and Retirement Planning

On January 1, 2020, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) went into effect, and it could have big implications for both your retirement and estate planning strategies—and not all of them are positive. While the law includes taxpayer-friendly measures to help you save for retirement, it also contains provisions that …

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The Tax Cut & Jobs Act Drastically Alters the Tax Consequences of Divorce

The Tax Cuts & Jobs Act (TCJA) made sweeping changes to exemptions, deductions, and credits for your family’s federal income taxes. But one major change that you might not have noticed is the way the law altered the potential tax consequences of divorce. Unlike child support, alimony payments have long been tax-deductible for the ex-spouse …

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4 Steps For Adding Digital Assets To Your Estate Plan

Although digital technology has made our lives much easier and more convenient, it has also created some unique challenges when it comes to estate planning. If you haven’t planned properly, for instance, just locating and accessing your digital assets can be a major headache—or even impossible—for your loved ones following your death or incapacity. And …

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A Lesson For All Parents: Who Will Be Emani’s Legal Guardian After the Death of Her Dad?

In the aftermath of rapper Nipsey Hussle’s murder this March, his family and ex-girlfriend have been locked in a bitter battle for custody of one of his young children. And as this ugly drama plays out in the courtroom and tabloids, it highlights the single-most costly estate-planning mistake a parent can make. Hussle, 34, whose …

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Use Estate Planning to Ensure Your Legacy Doesn’t Get Erased

When you think about those loved ones who’ve passed away, you probably don’t think very much—or even at all—about the “things” they’ve left you. And when they do leave something behind, what you likely cherish most about the object are the memories and feelings it evokes, not the thing itself. For the founder and CEO …

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Don’t Transfer Ownership of Your House to Your Kids Before You Read This

Many of us relish the opportunity to save time and money by taking advantage of shortcuts—and estate planning is no different. To this end, you may have heard that if you transfer your house to your adult children, you can avoid selling the home if you need to qualify for Medicaid. You may think transferring …

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