Exclusion is $5.34 million for individuals and $10.68 million for married couples.
For many people over the age of 50, Social Security is one of the most important sources of income they’ll have in retirement.
When planning your estate and deciding who is to get what assets, consider how to distribute those assets – by giving it to your loved ones all at once or using a trust to distribute the assets over time.
Not every survivor needs an attorney, but a good probate lawyer can solve many problems more easily than you can alone.
After the death of a loved one, you may need to transfer ownership or change the title on property, or modify documents.
Depending on the estate, you may want to find a tax accountant to help you coordinate with your attorney.
There are usually only a few details left by the ninth month after the death — you may need to file and pay taxes.
To apply for benefits, the first thing you’ll need to do is gather paperwork.
The statistics are telling: Women age 65 and over are three times as likely as men of the same age to be widowed.
When you started contributing to a retirement plan, you named your beneficiaries. Do they need to be updated?
A recent IRS revenue ruling gives greater flexibility to certain investors who inherit IRAs.
If you are single with children who depend on you, life insurance can help you provide for their needs into the future.
It is not easy losing someone you love. When the time is right, do what is right for you and your family by taking the steps necessary.
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