Although your life insurance policy may pass to your heirs income tax-free, it can affect your estate tax. If you are the owner of the insurance policy, it will become a part of your taxable estate when you die. You should make sure your life insurance policy...
The growing popularity of cryptocurrency means it is increasingly something that must be considered when planning an estate. If you own cryptocurrency, providing instructions in your will is a must. Cryptocurrency is virtual money that exists only in digital form. The...
Having power of attorney over a family member is a big responsibility and sometimes it makes sense to share that responsibility with someone else. But when two people are named co-agents under a power of attorney, conflicts can arise. Unfortunately, if the conflict...
New federal regulations set to take effect April 1, 2020, may make it significantly harder for many with disabilities to obtain food stamps. The new rules, finalized by the U.S. Department of Agriculture (USDA), center on the work requirements for recipients of the...
Written By: Andy Jones Supplemental Security ncome (SSI) recipients are typically subject to strict income limits, but recipients under age 22 who are students may be able to earn significantly more without jeopardizing their benefits. It’s part of the Social Security...
Many movies and television shows have a scene where a family gathers around a big table after a relative has died to listen to the reading of the will. While this makes for a dramatic scene, one that may have been more common when literacy rates were lower, it...
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