Retirement planning in the United States is shaped by the intersection of tax policy, federal entitlement programs, financial regulation, and macroeconomic conditions. Donald J. Trump’s second presidential term could bring significant changes to this landscape. While proposals remain somewhat fluid, Continue Reading
2024 Lifetime Gift and Estate Tax Exemption Update
The Bottom Line The 2024 annual inflation adjustments were announced by the IRS on November 9, 2023. The adjustments include increases to the federal gift and estate tax exemption amounts and increases to annual exclusion gifts. 2024 Federal Exemption and Exclusion Continue Reading
Estate Planning Issues to Consider Before Selling Your Business
The Bottom Line Business owners can minimize taxes and maximize proceeds on the sale of his or her business by utilizing different estate planning strategies.It is critical, though, that the estate planning be done well in advance of the sale of the business or even before the preparation of a Continue Reading
InsuranceNewsNet | Presley Beneficiary Battle Sets Example of Poor Estate Planning Practices
Herb Nass was quoted in an Insurance News Net article "Presley Beneficiary Battle Sets Example of Poor Estate Planning Practices." Continue Reading