Wealth Building With Cryptocurrency: A Generational Divide

by Jessica Asselin | Mar 18, 2025 | Inheritance

Takeaways Many older Americans shy away from cryptocurrencies as an investment vehicle for their retirement. Millennials and Gen Z also view cryptocurrencies as risky — but as a risk worth taking. We’re living in an increasingly digital world where virtually all areas...

Estate Planning in the Face of Natural Disasters

by Jessica Asselin | Feb 19, 2025 | Estate Planning

Takeaways Natural disasters such as wildfires, floods, and hurricanes highlight the importance of disaster preparedness in estate planning. Such events can destroy crucial estate planning documents, leading to complications like probate delays, disputes, and...

Will You Owe a Gift Tax This Year?

by Jessica Asselin | Feb 19, 2025 | Estate Planning, IRS

The rules surrounding taxes on gifts often create confusion. With the 2025 tax season kicking off, be sure you understand the nuts and bolts of the gift tax, including when a gift tax form needs to be filed. What Is the 2024 Gift Tax Exclusion? The annual gift tax...

Transfer-On-Death Accounts: A Useful Estate Planning Tool

by Jessica Asselin | Feb 19, 2025 | Estate Planning, Inheritance

Takeaways A transfer-on-death (TOD) account may be a simple and straightforward way for you to pass your wealth or property on to your loved ones after your death. TOD accounts can help your loved ones receive your financial assets upon your death without having to go...

Estate Planning for a Vacation Home

by Jessica Asselin | Jan 17, 2025 | Estate Planning

If you are fortunate enough to own a vacation home, you need to figure out what will happen to it after you are gone. Many people in this situation hope to keep vacation homes in the family. Guaranteeing that can be tricky, though. Meant to be fun and relaxing places...