Gift PlanningGiving News
Our hope is to serve you and your family with helpful information. Read about the latest tax and legal developments relevant to charitable giving along with savvy living tips, personal planning and more.
Savvy Living
I Have a Will — Do I Also Need a Trust?
June 5, 2026
My spouse and I were recently talking about updating our will and wondered if we should also set up a trust. How do we know...
The Letter Your Loved Ones Can Treasure
May 29, 2026
I want to leave something meaningful for my family, beyond just money or property. I have heard about “legacy letters,” but I do not really...
Still Working at 65? Here is How to Handle Medicare
May 22, 2026
My spouse and I are approaching 65, but I am still working and have good health coverage through my employer. Do we need to enroll...
Washington News
Free File Still Available for Non-Filers
June 5, 2026
On June 2, 2026, the Internal Revenue Service (IRS) announced that taxpayers who missed the April 15 tax filing deadline may still use the IRS Free File program...
Child IRA Accounts Launched
May 29, 2026
The Department of Treasury has announced the activation of the new child IRA accounts also known as "Trump Accounts." These tax-deferred accounts formally launch later this summer...
IRS Reminds Homeowners of Tax Benefits
May 22, 2026
On May 21, 2026, the Internal Revenue Service (IRS) published Tax Tip 2026-42 and reminded taxpayers to review the potential tax benefits available for homeownership. While owning a home can be expensive, certain deductions and...
Personal Planner
Family Business Bailouts
June 5, 2026
Joe and June started Children's Clothing Company 30 years ago. They are now both age 65 and are interested in retiring. Their daughter Susan is currently the company president and their son Michael is the...
Family Business - Sell and Retire
May 29, 2026
Bill and Alice started their family business many years ago. The early years were very challenging. Both worked without salary and it was a great struggle to finally get the business on a solid financial...
Loans and Sales to Children
May 22, 2026
Parents are frequently approached by children who desire loans for various purposes. Parents may make a loan to a child for the down payment on a home, to start a new business, to cover costs...
