Articles

In 2012, gifts up to $5.12 million are exempt from gift tax. The current law is expected to expire on December 31 and to return to a $1 million exemption. At the same time, the top gift tax rate is

Most of us rely on ongoing paychecks from employers during our working years. But many folks preparing to retire don’t give much thought to the “paycheck” that will provide a dependable, steady stream of monthly income during their post employment

You’ve probably seen the advertisements touting the creation of a revocable living trust as a good way to avoid probate. And for some people it is. However, it may not be appropriate for everyone or for every situation. Probate is

There’s no time like the present to start thinking about your retirement budget — even if retirement is still several years away. By looking ahead, you’ll be able to see if the money you’ve saved will be adequate to meet

You can lose your wealth in much less time than it took you to accumulate it. Economic hardships, financial market instability, legal claims against you, or unfavorable tax law changes could adversely affect your wealth. Poor investment decisions could have

You like spicy food your spouse doesn’t. Your spouse likes to travel abroad you’re happy staying home. But that’s okay. You don’t have to like the same things or do the same things to be happy. When it comes to

In 1955, the life expectancy of the average American was 69.6 years. By 1995, it was 75.8 years. Twelve years later, life expectancy reached a new high of 77.9 years, according to the latest information from the Centers for Disease Control and Prevention. While certainly positive, these statistics may only add to the pressure many people already feel about their lack of retirement savings.

Relocating after retirement may be one of your dreams, but make sure you’re wide awake when you do your planning. Not all states are created equal when it comes to taxes. Before you make a move, check out state and

Do you own two or more IRA Accounts? Do you have a 401(k) or similar qualified retirement plan with a former employer? Well, you are not alone. With more and more Americans changing jobs and leaving their retirement investments behind

With an attractive tax structure and progressive trust laws, the State of Florida has earned its place as one of the top “trust friendly” states. On taxes, Florida has long been an attractive option with no state income tax, no