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IRS Announces 2025 Gift and Estate Tax Exemptions

The Internal Revenue Service (IRS) has released its tax inflation adjustment figures for tax year 2025. Annual Gift Tax Exclusion Effective January 1, 2025, you will be able to make individual gifts of up to $19,000 in the calendar year…

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What Happens to Your Pets When You’re Gone?

Your Pet May be Family to You, But the Law Sees It Differently! Our pets give us unconditional love, companionship, and loyalty—they’re truly part of the family. But have you ever thought about what happens to them when you're no…

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2024 Election: Harris, Trump on Social Security and Medicare

Keeping track and making sense of government policies and presidential candidates’ promises can be daunting during any election year. This year is no exception. Consider Social Security and Medicare, two 2024 election issues that are top of mind for older…

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What Is a Trustee in Estate Planning?

A trustee is the person or institution appointed to manage a trust on behalf of beneficiaries of the trust. Being a trustee is a significant responsibility. Those serving in this role must always act in the best interests of beneficiaries…

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Proper Estate Planning Reduces Issues of Probate

Probate is a legal process that happens after someone dies. While probate can be complex, lengthy, and expensive, an estate planning attorney or probate attorney can help mitigate unwanted risks. They will be able to anticipate what might happen and…

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