Jun 6, 2022 | Advisory, Blog, Estate Planning, Family Administrative Services, Tax
Parents of children with disabilities face financial challenges, especially when planning for the children’s needs when the parents are no longer around. Congress crafted the Achieving a Better Life Experience (ABLE) Act in 2014 to help parents in these situations....
May 16, 2022 | Advisory, Blog, Estate Planning, Family Administrative Services, Nonprofit, Tax
Nongrantor trusts can help you make charitable gifts that provide greater tax benefits than you would receive for individual donations. Although you do not give to charity simply for the tax deductions, it is wise to make the most of the money you have. Individual and...
Apr 5, 2021 | Blog, Family Administrative Services, Tax
The Achieving a Better Life Experience (ABLE) Act of 2014 allows states to set up ABLE account programs, which function similarly to state-run Section 529 college savings programs. You can establish a tax-favored ABLE account to cover qualified disability expenses of...
