If you are looking at planning for end of life financial circumstances, you may be wondering about the tax laws in NC. How much will the Federal and State governments take from your final estate when you pass away? Will your heirs have to pay inheritance taxes on...
Revocable Trusts have grown in popularity. They provide a lot of things that other estate planning tools do not – control, privacy, and streamlining. While trust planning was a critical component of an estate plan when the estate tax threshold was much lower, now the...
On December 19th, 2019, the SECURE Act was passed for the purpose of bolstering retirement savings and became effective as of January 1, 2020. Among other things, this one-hundred thirty-page document gave more buoyancy to certain types of savings accounts that focus...
In May, the United States House of Representatives passed the “Setting Every Community Up for Retirement Enhancement Act”, otherwise known as the SECURE Act, with an overwhelming majority vote of 417-3. The bill is currently in the Senate, and if the President should...
