When it comes to filing your 2022 federal tax return for the 2023 tax season, you may be able to access several forms of assistance for free. Filing Online: IRS…
Estate planning, or legacy planning, entails preparing your affairs for the future, including death and other life events. While older adults might give more thought to estate planning, it is…
As we near retirement, we may assume that once Medicare kicks in, our medical insurance premiums will be fixed. However, many people may not realize that there are special rules…
Are you a taxpayer who has purchased long-term care insurance (LTCI)? Take note of your policy details and your premium amount, as you may be able to deduct the cost…
A qualified personal residence trust (QPRT) is an irrevocable trust used to achieve estate and gift tax savings. The basic idea behind a QPRT is to transfer the equity in a…
An executor is a person or entity you choose to carry out your last wishes outlined in your will. Your executor should be someone you trust is responsible enough to…
A ward of the state is a person under the government’s protection. Children and adults with cognitive disabilities can become wards of the state when they lack a competent parent…
Many parents and families planning for the care of their loved one with special needs will consider setting up a special needs trust. (Special needs trusts are also often referred to…
It can be said that estate planning helped create Batman. Among the superheroes, Batman is unique because he has no superpowers. Although he is trained in martial arts and possesses…
In January 2023, the U.S. Department of Housing and Urban Development (HUD) announced it would award nearly $25 million to help fund housing for people with disabilties. Roughly 100 public…
