A recent story in the Sacramento Bee reminded me of the importance of the “small and simple” things when it comes to estate planning. The Bee reported that California’s unclaimed property fund now exceeds $10 billion and that it grew last fiscal year by nearly $1 billion
Q: I have been making some gifts to my children and grandchildren and my accountant keeps warning me about gift taxes. On the other hand, I hear that some gifts are not taxable. Which are taxable and which are not?
Q: I am feeling more and more concerned about the stock market. The economy continues to struggle because of the pandemic, but the stock market keeps going higher
The other day I had an interesting conversation with an old friend. My ears perked up when he told me he was taking a class to help prepare for retirement. When I asked him to tell me about it, he said
There has been a lot of talk in recent years about the growing student loan crisis and with good cause. According the Federal Reserve, Americans now carry more than $1.7 trillion
Q: I recently created a living trust as part of my estate plan. Should I name my living trust as the beneficiary of my IRA?
I have yet to find anyone on Wall Street, Main Street or any of the side streets who wasn’t surprised by the power of the stock market rally in 2020.
Last November, California voters narrowly approved Proposition 19. According to many real estate experts, Prop 19 is the most significant change in California’s crazy property tax landscape since Proposition 58 was passed in 1986.
I know I’m a bit old-fashioned, but I firmly believe people are happier and more satisfied when they live according to correct principles. They are also more prosperous.