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Most parents recognize that their ability to act on behalf of their children ends when the child turns 18. However, many do not give enough thought to preventing the problems that may arise when young adults need their parents’ assistance with medical or financial decisions. Read more here...
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Wisconsin is not obligated to notify you if they are holding unclaimed property that rightfully belong to you. Instead, it’s up to you to check. Read more here...
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A possible change in the tax law could have a big impact on alimony for newly divorced individuals. Read more here...
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ABLE accounts can be established for individuals with disabilities in which the onset of the disability occurred before age 26, and can be used to pay for qualifying expenses ranging from housing and living expenses to employment related expenses. Read more here...
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House Republicans released their proposed overhaul of the U.S. Tax Code last week. One of the more controversial aspects of the Bill known as the Tax Cuts and Jobs Act is the repeal of both the federal estate tax and the federal generation skipping tax. Read more here...
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A “Revocable Living Trust” is a trust established by a trust agreement that is revocable by the Grantor and created while the Grantor is living. (A “Grantor” is a person who establishes a trust.) Read more about Revocable Living Trusts here...
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