According to Caring.com, the prevalence of wills and estate planning has been on the decline since 2017 but this trend is quickly reversing itself in 2020. In the wake of the COVID-19 pandemic the number of Americans rushing to set up wills and end-of-life directives online has exploded. In particular, many doctors and other medical […]
For most Americans, a retirement account (IRA, 401k, 403b), is the largest asset they will own when they pass away. A new law that went into effect January 1, 2020 increases the tax burden on most retirement account beneficiaries. First, the good news: The SECURE Act (Setting Every Community Up for Retirement Enhancement), increases the […]