A sound financial plan will take inflation into consideration and prepare for a decrease in the purchasing power of your dollar over time. When you plan for retirement, also consider integrating your adult children into the estate planning structure you set up.
With a federal tax code that is over 2,500 pages, no wonder tax strategies can be overwhelming.
Although a year away, your 2021 tax planning should have already started.
We are nearing the end of a challenging year for families and individuals across the United States and globe. Together we have experienced a widespread pandemic, civil unrest, a challenging economic environment, a divisive political arena, but despite all these perceivably negative aspects of the year, we see the hope 2021 brings.
A well thought out estate plan can take some of the uncertainty out of what the future will hold