The global pandemic we’re facing has brought with it a struggling economy and job loss. Your financial situation may not be the same as it was six months ago. Although it might seem like the world is standing still, you and your financial situation do not have to be stagnant. Showing resilience in the face […]
Get organized Determine which assets may skip the probate process Probate for Small Estates Formal probate process PA Inheritance Tax Tables: 2020 Federal Estate Tax Table The process of settling an estate involves naming a personal representative, collecting estate assets, filling appropriate forms with the Register of Wills, notifying heirs, providing a public notice, paying […]
Inheriting an IRA or Roth from a spouse comes with its own set of rules and key deadlines. If you inherit an IRA or Roth from a spouse, you can combine that IRA or Roth with your own, or you can roll the IRA to an inherited IRA or disclaim the assets altogether. Roll into […]
According to the Pew Research Center,1 the percentage of adults presently married in the United States declined from a high of 72% in 1960 to a low of 50.5% in 2012. At the same time, 2010 Census data reveals that over 7.5 million unmarried couples live together, a 138% increase since 1990. Forty percent of […]
Not too long ago, I signed up for the new marriage, new house, and newborn extravaganza.  As many of you know, and I can certainly attest to now, it is quite the transition.  Times were a bit simpler before—pay your rent, go to work, brush your teeth at least twice a day, and look generally  […]
There are many life changing events that occur in a lifetime with retirement normally being in the top five. In addition to being assured that you have accumulated enough assets for a comfortable retirement, there are also estate and income tax, portfolio allocation, and logistical planning decisions that, at times, may become overwhelming. Portfolio allocation […]