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Month: January 2018
Overview of Tax Law Changes (Tax Cuts and Jobs Act of 2017)
Congress recently passed a tax reform bill that will become law beginning January 1st, 2018. Major tax reform generally occurs every few decades, so this new bill will have an impact on all of us. As with any legislation, there is both good news and bad news as some people will be positively impacted, with others negatively impacted.
Common Titling Mistakes
Who should be named as the beneficiary of my retirement accounts, such as 401(k)s and IRAs? How should I title my car, bank accounts, and home? One of the often-neglected areas of financial planning is how to properly title assets to avoid the considerable cost and hassle of probate court should something happen to you or your spouse.