What Has Changed on Next Year’s Taxes?
December 20, 2019
Get out your pencils and calculators: The IRS has released a breakdown of what’s ahead for the 2020 tax year.
- 1067 N. Mason Road, Suite 3, St. Louis, MO 63141
Get out your pencils and calculators: The IRS has released a breakdown of what’s ahead for the 2020 tax year.
Last wills and testaments, which were invented centuries ago, are the most famous estate-planning documents.
Until now, the terms of service for each individual site have determined who has ownership and access after a death and whether the assets are deleted, frozen or can be transferred.
No one likes to think about needing long-term care. Yet the reality is that many people will, at some point in their life.
All gifts are potentially subject to gift taxes, which are generally paid by the donor, not the recipient.
We often use the euphemism “getting hit by the bus” to begin the discussion and get our clients thinking about what the reality of that situation would look like, if they were suddenly no longer available.
Special needs lawyers can work with clients to set up individualized special needs trusts.
Resentment can build, if some of the family caregivers feel they are doing more than their share, while others are not doing their part.
Four changes are taking effect for Social Security in 2020. Knowing the facts about those changes and what they mean for typical recipients will help you take maximum advantage of the Social Security program.
Granting people gifts makes you and them happy. If you can tailor your generosity so not to pay tax on your largess, you will be even happier.
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St Louis, MO 63141
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