Clients can have many opinions about why they do not want to open a trust for their estate or family member.  Some think that trusts add a complication to the process, when in reality trusts offer the ability to leave an estate with any limitations that the client would like.  Still, there are a few…

We have discussed in past newsletters the 2.8% increase to Social Security beneficiaries in 2019, however, there are more changes to come.  The tax rate will stay the same at 6.2%, but the tax cap will be increasing to $132,900.  This will also increase the maximum monthly Social Security benefit to $2,861, up from $2,788. …

In our last newsletter we talked about QDRO (Qualified Domestic Relation Order) and how they can be used to transfer funds in-marriage.  One of our members posed the question,”What happens if the distribution has already began?.”  QDRO originally were formed to pay for child support, alimony, or marital property rights when divorcing.  A divorce decree…

Stan Lee was a beloved man that did something no one else could.  He was able to connect with four generations by introducing them to superheros they could relate to.  True, they all had some sort of power, but Stan Lee humanized them in a way that resonated with fans from all walks of life. …

Are You Taking Advantage Of What A Qualified Domestic Relations Order (QDRO) Can Do For Your Retiring Client? QDRO for a retiring client?  Yes, QDROs are often missed as an opportunity in estate planning.  It is true that QDROs are usually used in a divorce decree to transfer employee retirement income security accounts (ERISA )…

Veterans Day is not the same as Memorial Day.  Memorial Day is a time to remember all of those who gave their lives for our country.  Veterans Day is to honor all who serve our country in war or peace, dead or alive.  This Day is intended to thank veterans for the sacrifices that they…