Category: Blog Home

When should you review your estate plan?

Reviewing your estate plan will alert you to any changes that need to be addressed. For example, you may need to make changes to your plan to ensure it meets all of your goals, or when an executor, trustee, or guardian can no longer serve in that capacity. You’ll probably want to do a quick review each year, because changes in the economy and in the tax code often occur on a yearly basis. Every five years, do a more thorough review.

Read More »

Protect Yourself from Tax Fraud

Fraudsters are getting more and more creative. It is important to understand some of the common ways these individuals try to steal your information and even your tax refund! Learn how to protect yourself from this tragedy.

Read More »

Watch Your Wallet! Medical Deductions (Part 2 of 2)

In our last article we provided some ways in which you can make medical bills, nursing home care, and special needs or age related home additions and modifications work for you to save money on taxes.Here are some more ideas for tax deductions, including alternative medicine, and services for special needs care. We shall explore timing your expenses for maximum deductions as well as other entities like a special needs trust.

Read More »

Watch Your Wallet! Medical Deductions (Part 1 of 2)

Are you ready for tax season? Learn about some tax tips that could put more money in your pocket! Besides the relatively familiar expenses of doctors, dentists and prescription medicines, here are some other costs that you can deduct. Part 1 in a 2 part series.

Read More »

Can a Special Needs Trust help with tax deductions?

The benefits of having a SNT are many and taxes are only a part of it. Other benefits include the ability to keep needs-based public benefits, appropriate financial and asset management,  and identifying individuals and/or corporate fiduciaries to administer the assets and advocate for the benefit of the special needs person.

Read More »