Retirement

I’m not trying to convince you to give more—or to give at all, for that matter. I don’t have to, for at least two reasons: 1. We’re wired to give. Neurologically, psychologically, socially, culturally, spiritually, evolutionarily (is that a word?)—everywhere we look, the evidence suggests that generosity is one of the hallmarks of humanity. Even

Introduction and Background Let’s start with a quick refresher to set the stage for an important issue confronting many people who have created trusts. The Corporate Transparency Act (CTA) is a new law that became effective January 1, 2024, for newly formed entities and requires them to file informational reports with the Financial Crimes Enforcement

What Is a Will Contract? What is a “will contract,” and why might you care? A will contract is an agreement you might make with another person, often a spouse (and more likely in a second or later marriage) where you each contractually bind yourselves to a particular plan for how your assets will be

Wealth is the difference between what people own and what they owe. It serves as a financial buffer in an emergency and as a means toward upward economic mobility. People can use their wealth to buy a new house, move if better job opportunities open up elsewhere and support their families’ education, among other things.

A special SECURE 2.0 Act bonus kicked in as of the new year. It’s something all parents need to be aware of. For the first time ever, they can now save for their children’s college education and their children’s retirement at the same time. But there’s an important twist. It starts with the 529 plan.