Address mental health care in your estate plan with a psychiatric advance directive

It’s not uncommon for people to address the fact that they may one day become physically incapacitated and ...
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IRS Issues Guidance on Tax Treatment of Energy Efficiency Rebates

The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of ...
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Florida Drops Sales Tax Rate on Real Estate Leases From 4.5% to 2%

Effective June 1, 2024, a significant change is coming to real estate rentals in Florida. The state sales ...
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Watch out for “income in respect of a decedent” issues when receiving an inheritance

Most people are genuinely appreciative of inheritances, and who wouldn’t enjoy some unexpected money? But in some cases, ...
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Can a split annuity strategy help you achieve a balance in retirement?

You may be currently facing this dilemma: You’ve retired (or you’re approaching retirement) and, while you want to ...
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The pros and cons of turning your home into a rental

If you’re buying a new home, you may have thought about keeping your current home and renting it ...
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Look it up: A glossary of key estate planning terms

Estate planning has a language all its own. While you may be familiar with common terms such as ...
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Keep these 3 issues in mind after you file your return

The tax filing deadline for 2023 tax returns is April 15 this year. If you need more time, ...
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A living will is an important addition to your overall estate plan

A living will could provide peace of mind for both you and your family should the unthinkable occur. ...
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The tax deadline is almost here: File for an extension if you’re not ready

The April 15 tax filing deadline is right around the corner. However, you might not be ready to ...
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When one trustee isn’t enough, consider appointing a trust protector

Irrevocable trusts can allow for the smooth, tax-advantaged transfer of wealth to family members. But there’s a drawback: ...
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Update on retirement account required minimum distributions

If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income ...
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