The Effect of the SECURE Act on Your IRA
Have you checked to see what effect the SECURE Act has on the inheritance of your IRA? #TuesdayTip
Charitable Contributions Under CARES Act
For those taxpayers that take the standard deduction, the CARES Act created a new incentive that if you donate up to $300 in cash to a qualified organization as a charitable contribution, you can receive an additional $300 deduction in addition to the standard deduction. #TuesdayTip
Socially Distanced Signing
It is still law that two witnesses are required to be physically present at the signing of a Will or Trust to comply with Florida statutes. If your estate plan is out-of-date, we will work with you to complete a safe, socially distanced signing of your updated estate plan, whether it be outside our office, […]
Updating Your Estate Planning Documents: Fiduciary Trust International
In light of current events with COVID-19, Fiduciary Trust International published an article on the importance of maintaining your estate planning documents up to date, especially now. Check out the link below for the article! https://www.fiduciarytrust.com/insights/commentary?commentaryPath=templatedata/gw-content/commentary/data/en-us/en-us-ftci/trust-estate/peace-of-mind-essential-steps-for-taking-care-of-family&commentaryType=TRUST%20&%20ESTATE%20PLANNING
CARES Act Charitable Deduction
Did you know the new CARES Act just signed into law may allow you a charitable deduction of 100% of your AGI if you are at least 59 1/2 and you make it from your IRA in 2020. Talk to your tax advisor. #TuesdayTip
Someone Trying To Get You To Review Your Estate Planning Documents?
Secure Act, Cares Act and Coronavirus, do you think someone is trying to get you to review, perhaps update, your Estate Planning documents? #TuesdayTip
Getting Through This Time Together
Fortunately we have experienced challenging times before this one. The twin storms of 2004 were a prime example. We were evacuated from our office for four months. Through necessity, we worked remotely. Our ability to complete our tasks for our clients was amazing. Many of our clients are asking what we are doing during the […]
Updated Health Care Surrogate and Power of Attorney
“Are your health care surrogate and power of attorney documents up to date?” #TuesdayTip
Red File
Consider putting all of your important documentation in one binder and let your attorney and family members know the location of that binder. #TuesdayTip
SECURE Act
Do you know what the SECURE Act is? The President signed it in late December. #TuesdayTip