Posted on: February 4, 2022 | By: David Parker, Esq.
The rise in the stock market over the past several years, teamed with the passage of the SECURE Act two years ago and the scheduled 50% reduction in the size of the federal estate tax exemption four years from now, has resulted in a renewed interest in estate planning for IRA and 401k accounts owned by married couples.
Posted on: February 3, 2022 | By: David Parker, Esq.
However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.
Posted on: February 2, 2022 | By: David Parker, Esq.
For young professionals finding their way in the world and just beginning the journey of building wealth, death can seem like a far-off abstraction. However, the cold reality is that no one ever knows what’s around the corner — health problems and freak accidents can happen at virtually any time.
Posted on: January 27, 2022 | By: David Parker, Esq.
According to the Exit Planning Institute of Ohio, recent studies show that over 60% of the current U.S. business market is owned by baby boomers (those born between 1946 and 1964), who are ready to exit or transition their business over the next 10 years.
Posted on: January 24, 2022 | By: David Parker, Esq.
This is an important question to ask, because the answer could tell you whether you need to worry about estate taxes, beneficiary issues or probate concerns.
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