Giving News
Our hope is to serve you and your family with helpful information. Read about the latest tax and legal developments relevant to charitable giving along with savvy living tips, personal planning and more.
Savvy Living
What Happens to Your Debt When You Die?
December 20, 2024
I am concerned about my credit card debt and the possibility that my children will have to pay off my debt after I die. Are...
How to Effectively Communicate with Your Doctor
December 13, 2024
How can I improve communication with my doctors? Over the past few years, I have felt at a loss for words during appointments and need...
What Will Medicare Cost in 2025?
December 6, 2024
Social Security benefits will receive a 2.5% cost-of-living increase in 2025. What will Medicare Part B monthly premiums be in 2025 and when do surcharges...
Washington News
Business, Medical and Charitable Mileage Rates in 2025
December 20, 2024
On December 19, 2024, the Internal Revenue Service (IRS) published the standard mileage rates for 2025. The business use rate increased $0.03 to $0.70 per mile...
Strong Passwords Can Protect Data from Identity Thieves
December 13, 2024
The holiday season is a prime time for identity thieves to target victims. With the growth of online shopping, millions of Americans are potentially exposed to online fraudsters. The first line of defense against online...
Deadline for IRA Required Minimum Distributions
December 6, 2024
December is an important month for IRA and 401(k) owners who are over age 73. The Internal Revenue Service (IRS) reminds taxpayers over age 73 to take a required minimum distribution (RMD) by December 31...
Personal Planner
Living Trusts Versus Wills
December 27, 2024
Jacqueline Kennedy Onassis was diagnosed with cancer in January 1994. She signed a will in the New York offices of a large law firm on March 22, 1994...
Ten Reasons to Update Your Estate Plan
December 20, 2024
You have completed a will and perhaps a revocable living trust. Your durable power of attorney for healthcare and a living will are in place. All of your records are safely in place and carefully...
Passing Unequal Shares in Your Will
December 13, 2024
Because children often look at their inheritance as a representation of their parents' love, most parents leave children equal shares of their estate. However, there are a number of good reasons why a parent might...
