Category: Estate Planning

Are You Missing This Tax-Saving Opportunity?

I received a question from a lady regarding her 87-year-old mother-in-law asking if she qualified for a property tax exemption? OUCH! Her mother-in-law has missed the opportunity to save perhaps hundreds or thousands of dollars over the past twenty-two years. Here’s an excerpt taken directly from the State of Alabama web site: I AM OVER […]

Do You Need a Trust in Your Will?

The good news is you have a will that outlines what happens to your stuff at your death.  One question that people often overlook is, “Do I need a trust” for a portion or all my assets?  Most wills don’t include trusts and leave assets outright to a spouse or children.  But in many cases, […]

Fourth Quarter Financial Planning Series: ESTATE PLANNING

So far, in this series, we’ve covered Investments, Taxes, and Insurance.  Now let’s look at estate planning with an emphasis on digital assets. Most people understand the importance of having a basic estate plan in place.  Unfortunately, at least one-third of American adults don’t have one.  The reasons vary, but the most dominant is procrastination.  […]