Call Now For A Free Strategy Session (972) 366-7201
There are those who assume that a ready-made retirement is right there for everyone, because they know that they will qualify for Social Security and Medicare. To qualify for these programs, you have to accumulate at least 40 retirement credits while you are working and paying taxes. The requirement is quite modest, because in 2015,… Read more »
There are many challenges that you can face as a senior citizen. Unfortunately, loneliness is one of them. When you retire, you no longer have daily interactions with coworkers, and this is part of the equation. Plus, your children and grandchildren are going to have lives of their own, and they may even live out… Read more »
You may have heard that you do not have to be concerned about the federal estate tax because it is only applicable to extremely wealthy people. In reality, this may or may not be the case, depending on your definition of “extremely wealthy.” The line that is drawn between taxable inheritances and inheritances that are… Read more »
A living trust as an estate planning vehicle that provides a number of different benefits, but this type of trust would not be the ideal choice under certain circumstances. We will look at the details in this blog post. The Benefits In a general sense, a living trust can be a good choice for you… Read more »
We have an estate tax on the federal level in the United States, and there are also a number of states in the union that impose state-level estate taxes. There are many great things about living in Texas, and one of them is the fact that there is no state-level estate tax in our state…. Read more »
Wealth preservation is a very important consideration for high net worth individuals. When you are in a position to pass wealth along to your loved ones after you are gone you may enjoy a certain peace of mind, but you have to be concerned about asset erosion. The federal estate tax is a looming threat… Read more »
There are many high net worth individuals in the greater Dallas area, and when you have been financially successful throughout your life, you have to be aware of potential estate tax exposure. The federal estate tax carries a whopping 40 percent maximum rate, so your wealth can be significantly eroded if you take no steps… Read more »
The federal estate tax exemption or exclusion is the amount that can be transferred after you pass away before the estate tax would be applied. You do not have to use any of this exclusion to leave tax-free bequests to your spouse, because there is an unlimited marital deduction. However, to use the unlimited marital… Read more »
When you hear the word “trust” in an estate planning context, you may assume that there is just one type of trust. In fact, there are multiple different types of trusts that can accomplish various different respective underlying objectives. Topics covered in this whitepaper include: Revocable vs. Irrevocable Asset Protection Estate Tax Efficiency Special Needs… Read more »
Accumulating wealth is a fantastic thing, but you have to be vigilant about preserving the wealth that you have been able to earn so that your loved ones can benefit from your good decision-making. There is a federal estate tax that can significantly erode the resources that you intend to pass along to your family… Read more »
