“The article offers a timely reminder of the fleeting opportunity created by the Tax Cuts and Jobs Act to maximize wealth preservation before the current elevated estate and gift tax exemptions sunset in 2025. It effectively underscores the importance of acting early to capitalize on the temporary exemptions, which allow individuals and families to transfer significant wealth while minimizing future …
By Michelle Singletary | Washington Post You will die. And most of you will leave something for your heirs. (Yes, even your clunker of a car and chipped china might be fought over.) So my question is: Have you given thought to how to allocate your assets? Despite the steady drumbeat of reports that Americans aren’t saving enough, there are …
By Jeanne Sahadi | CNNMoney It’s hard to believe that Prince — who was famously meticulous about maintaining control over his name and music — may have died without a will. That leaves open the question of who will inherit his millions, his record label and his unreleased songs. So what happens to someone’s estate if they didn’t make their wishes known …
by Tim Heileman | Rose Law Group pc Estate Planning Attorney “Phew, what a relief it is to know that is done!” Whether you are 25 with your first young child, 55 and contemplating your retirement, or 85 and laying out the details of your legacy, the expression above is one of the most common I hear after my client’s …
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