Archive

Now might be the best time to make some low basis transfers while the market is still on the rise.  #TuesdayTip

Do your estate planning documents reflect your current thinking? If they do not, or you are unsure if they do, this is a good time to review and update your estate plan.  #TuesdayTip

Have you checked to see what effect the SECURE Act has on the inheritance of your IRA?  #TuesdayTip

Did you know the CARES Act eliminated required minimum distributions in 2020 for an individual retirement plan? #TuesdayTip

Has there been a marriage, birth, death, or divorce in your family since the last time you updated your estate plan? Might be a good time to review your documents.  #TuesdayTip

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

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 If your estate plan is out-of-date, we will work with you to complete a safe, socially distanced signing of your updated estate plan, whether it be outside our office, […]

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

Secure Act, Cares Act and Coronavirus, do you think someone is trying to get you to review, perhaps update, your Estate Planning documents?   #TuesdayTip

“Are your health care surrogate and power of attorney documents up to date?”   #TuesdayTip