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The Tax Effects of Biden’s American Families Plan

The Tax Effects of Biden’s American Families Plan

On April 28th, the White House announced the American Families Plan, which outlines President Biden’s plan for strengthening the economy and investing in families. The plan includes $1.8 trillion in investments and tax credits for families and children in the US over ten years. The American Families Plan aims to ensure that the wealthiest families pay their share in taxes, and that those making ...

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Importance of Updating an Estate Plan During COVID-19

Importance of Updating an Estate Plan During COVID-19

Amidst the COVID-19 pandemic, even otherwise healthy individuals have had to consider the potential of severe health difficulties. It is more important now than ever to have an estate plan that considers what will happen in the event of your death. For example, you may want to dictate what is to be done with your home and physical property if you pass away. If you have a family business, you ma...

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Gifting Strategies to Take Advantage of the COVID-19 Economy

Gifting Strategies to Take Advantage of the COVID-19 Economy

There is no doubt that COVID-19 has greatly impacted the lives of many people. For instance, much of the population has lost jobs or had their hours reduced due to the pandemic. Many people have been forced to get creative to provide for their families and maintain their standard of living. In these times, planning for your estate may not seem like a priority. However, having a gifting strategy...

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