Inheritance Tax: What States Have It and When It Applies
Inheritance tax is a state-level tax that beneficiaries pay when they receive assets from an estate after somebody has passed away.
Estate Planning Checklist: 5 Initial Steps You Can Take
Here are some steps you can take to get started with the estate planning process, even before you meet with an attorney to work on any legal documents.
IRS Announces 2025 Gift and Estate Tax Exemptions
The Internal Revenue Service (IRS) has released its tax inflation adjustment figures for tax year 2025.
Who Holds Your Will and Other Estate Planning Documents?
Once you've taken the step to create a will and get your estate plan in order, you need to figure out what to do with the will itself.
Hoarding Disorder in Older Adults: Challenges and Resources
Hoarding disorder disproportionately affects older adults. While about 2 percent of the general population struggles with accumulating too many objects, hoarding impacts over 6 percent of people aged 65 and older.
Qualified Medicare Beneficiary (QMB) Program: A 2024 Update
The Qualified Medicare Beneficiary (QMB) Program is one of four types of Medicare Savings Programs. This fall, a new rule will ensure that many more people gain access to this valuable program.
Your Social Security Benefits for 2025: COLA Update
The Social Security Administration (SSA) has officially released its annual cost-of-living adjustment (COLA) figures for 2025.
How to Apply for Social Security Retirement Benefits
The federal government provides Social Security retirement benefits, a form of financial assistance, to individuals who have reached retirement age and have paid into the Social Security system through payroll taxes during their working years.
Who Needs a Trust Instead of a Will?
While simple estate plans may just use a will, more complex plans may benefit from also employing a trust.
What to Know About Rolling a 529 Account Into a Roth IRA
As of 2024, you can roll over unspent funds from a 529 plan to a beneficiary-owned Roth IRA. This provision gives families a way to kick-start a young person's retirement savings.