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Your 2018 Estate Planning To-Do List: 4 Things to Do Before 2018 Ends

In just a blink, another year is coming to a close as we stare down the launch of 2019. Busy with holiday madness, planning, and writing out those New Years resolutions, you probably have not had any time to sit back and think about the status of your estate planning with a new fiscal year approaching. Although it might not sound as fun as buying Christmas presents, here is your 2018 estate planning to-do list moving forward: Check the Dates: When it comes to estate planning, you need to ensure all of your essential documents are up to date, including: Wills & Trusts - Now that the federal estate tax exemption is fixed at $10 million per person adjusted for inflation ($11.18 million in 2018)

Why It’s Beneficial to Update Your Estate Plan Frequently

When we think of everyday organized documents that reflect our skills and attributes, like resumes, we tend to edit and alter this documents frequently to showcase our most recent advantages and experiences. Imagine if you used the same resume for 15-years, never changing it to reflect your most recent job positions. You would be simply un-hireable. Well, the same goes for something as lucrative and important as estate planning. Amid changing fed policies, laws, tax regulations, market conditions, and changes in your life, a lot can happen to your estate and its initial investment plan. Outdated estate plans, like outdated resumes, simply do not work. Therefore: when was the last time you up

What Do the 2018 Midterm Election Results Indicate for Your Estate Planning?

Estate planning is a reoccurring process that should never become static, especially amid big political changes and policy alterations. Just like you would never walk away from investments for 30-years and hope that they were lucrative in the end, estate planning is noticeably similar. Following big political changes through the 2018 midterm elections and the results, what do these changes mean for your estate planning? As our country does so splendidly, we are staring down a split government yet again, which assuredly means slower law passages, regulatory installations, and tax changes that were once championed by a single-party rule the past 2-years. In order to stay prepared, we’re going

4 Things to Do to Prepare for the 2018 Tax Season

Since the passage of the Tax Cuts and Jobs Act in December 2017, which went into effect January 1, 2018, the 2018 tax season is going to be entirely its own beast for many filers. Considering taxes aren’t typically everyone’s favorite pastime, major tax structure changes have left filers worried, overwhelmed, and stressed regarding the completion of their tax return. However, you can start preparing right now for this new kind of tax season, taking your time to approach your filing so you have all your ducks in a row. So, what exactly are those preparatory measures? We’re going to look at 4 options for you to consider pursuing below: Organize All Necessary Documents: When stating things like

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