Most families do not want to think about losing a loved one. But creating a checklist for family members may help them navigate a difficult situation.
With tax deductions limited under tax reform, taxpayers in high-tax states may consider using incomplete non-grantor trusts to plan for state income taxes.
The focus in estate planning has shifted to income taxes, including strategies for the step-up cost basis, a planning consideration to manage capital gains.
While progress has been made on marriage equality, same-sex couples may continue to face obstacles to saving and other financial planning issues.
Some families that once felt that they had no control over college costs, are finding that many colleges offer tuition deals.
There are several reasons why parents decide to liquidate a custodial account and use the assets to fund a 529 college savings plan.
A new report found that the cost of Social Security is projected to exceed its income in 2020 and the trust funds are projected to be depleted in 2035.