Monthly Archives: November 2024
Tips for Creating an Estate Plan Early in Life
While many assume estate planning is reserved for seniors, others understand that it is never too early to get started with this process. Even immediately after becoming a legal adult, there are certain benefits to creating a simple Will or power of attorney. That being said, younger individuals will approach estate planning with unique… Read More »
Will Trump Extend the Federal Estate Tax Exemption?
Prior to the 2024 Presidential Election, there was much talk about the “sunsetting” of the federal estate and gift tax exemption. Initially enacted in 2017 as part of the Tax Cuts and Jobs Act, this law considerably reduced estate tax obligations for high-net-worth families across the country. Now that President Trump has won, the… Read More »
Should I Consider Estate Planning Before My Kids Leave for College?
Estate planning may be particularly important during many life moments. Retirement is an obvious example, as is the diagnosis of new medical issues. One life moment that seems to fall under the radar is high school graduation – and the family may benefit from estate planning in Tampa during this transitionary period. Why should… Read More »