Will You Owe a Gift Tax This Year?
If you give away more than $15,000 in 2019, you technically would need to file a gift tax return, but don’t worry about it unless you think you’ll be gifting more than $11.4 million during your life.
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What’s a Health Care Proxy and Why Do I Need One?
If you become incapacitated, who will make your medical decisions? A health care proxy allows you to appoint someone else to act as your agent for medical decisions.
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10 Facts Funeral Directors Don’t Want You to Know
Funerals are among the most expensive purchases many consumers will ever make. Don’t let funeral directors pressure you into buying more than you need.
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How to Deal With Student Loan Debt as You Age
The number of older Americans with student loan debt – either theirs or someone else’s — is growing. Sadly, learning how to deal with this debt is now a fact of life for many seniors heading into retirement.
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Using a Donor-Advised Fund May Be a Way to Get a Charitable Tax Break Under the New Tax Law
Donor-advised funds are a growing trend in giving that may get more popular due to the new tax law.
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A Tax Break to Help Working Caregivers Pay for Day Care
Paying for day care is one of the biggest expenses faced by working adults with young children, a dependent parent, or a child with a disability, but there is a tax credit available to help working caregivers defray the costs of day care.
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So, You’ve Been Appointed Trustee of a Trust? Here Are 9 Do’s and 1 Don’t
Whether it’s an honor or a burden (or both), you have been appointed trustee of a trust. What responsibilities have been thrust upon you? How can you successfully carry them out?
DetailsIf You Haven’t Been Regularly Reviewing Your Estate Plan, Start When You Hit 60
If you are over age 60 and you haven’t changed your estate plan in many decades, it’s almost certain that you need to update your documents and start reviewing them every five years.
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How to Make Your Funeral Wishes Known
How can you make sure your funeral and burial wishes will be carried out after you die? It is important to let your family know your desires and to put them in writing. Just don’t do it in your will.
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MSW Again Part of Leading Ladies
We are pleased to again be included in the special Leading Ladies section of Providence Monthly/East Side Monthly, highlighting over 75 “inspiring, passionate, determined leaders who are making a difference in their communities across Rhode Island.”
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