We’re a retired couple in our 60s with one child who will inherit everything — our friends say we still need a trust. But isn’t our will $1M in beneficiary-designated ...
You might think you’re covering all bases by creating a will, but you may want to branch out to other options.
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IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...
Tax Changes You Can Expect in Retirement
Social Security, retirement accounts, taxable accounts and pensions all have different tax implications. When you start ...