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
How Long to Keep Financial Records
January 31, 2025
Is there a rule of thumb on how long someone should keep their financial documents? I have filing cabinets filled with receipts, bank statements and...
Assisting a Parent with Excessive Clutter
January 24, 2025
My parent has always saved a large number of items. Since my other parent passed away, the clutter has become overwhelming. Do you have suggestions...
Does Medicare Cover Mental Health Services?
January 17, 2025
What types of mental health services does Medicare cover? I struggle with anxiety and depression, and my primary care provider recommended that I see a...
Washington News
Top Tax Tips for Easy Filing
January 31, 2025
On January 30, 2025, the Internal Revenue Service (IRS) published six top tips to make filing a 2024 tax return easier. The IRS explained these tips are also available on IRS.gov on the "Let us...
Home Energy Credits Available in 2025
January 24, 2025
The Internal Revenue Service (IRS) published an updated frequently asked questions (FAQs) fact sheet on energy-efficient home improvement credits. The two credits available are the Energy Efficient Home Improvement Credit and the Residential Clean Energy...
2025 Tax Filing Season Opens January 27
January 17, 2025
The Internal Revenue Service (IRS) announced that the 2025 tax season will commence on January 27 of this year. The IRS will provide expanded and enhanced tools to help improve customer service...
Personal Planner
Income for Surviving Spouse
February 7, 2025
Elliot and Alexis were concerned about planning for the future. They had built a substantial estate of $1,600,000. When Elliot was 70, he rolled over his $600,000 qualified retirement plan into an IRA. Because he...
How to Fund Your Living Trust
January 31, 2025
A revocable living trust is one of the principal estate planning methods. While everyone should have a will, there are many benefits of a revocable living trust...
Living Trust - Life and Death Decisions
January 24, 2025
In discussing your living trust with your attorney, there are several very important decisions for you to consider. Some of your decisions affect the management of property during life, and others will determine how your...
