Monthly Archives: November 2017
Can A Transfer on Death Deed Be Revoked or Changed Later?
A transfer on death deed can be updated at a later date. However, a ToD deed is not irrevocable. This is because the person establishing it has not transferred any real estates into it or given up any rights. This means they can change it at any time. A transfer on death deed performs… Read More »
Getting A Handle on Planning After the Birth of a New Baby
Congratulations on your newest addition. There are many different things to think about in the wake of becoming a new parent but one of the most important is putting an emergency fund. The U.S. Department of Agriculture shares that the cost of raising a child up to age 18 is more than $230,000 for… Read More »
Tax Planning Tips to Remember as You Approach the End of the Year
An uncertain legislative and tax environment should be prompting you to analyze all tax opportunities as you look forward to 2018. There are several different things you can incorporate into your planning considerations for 2017 as an individual. These include: Deferring income and accelerating deductions if you can. Using itemized deductions before they disappear…. Read More »
Long Term Care Prices Are on The Rise
Americans keep assuming, incorrectly, that the government will cover the vast majority of their long-term care expenses, but that is not true, and research shows that long term care expenses are only increasing. The Genworth 2017 Cost of Care Survey was recently released and the President and CEO of Genworth’s U.S. Life Division indicated… Read More »