Happily Ever After, Beyond Borders: Tax Planning for International Couples
Proactive money talks and tax planning lead to a financial success for an international couple with U.S. tax implications.
Caring For Aging Family: Good Planning for Smooth Managing
More than half of middle-aged Americans care for both older parents and their children. Planning and preparation is important for the physical and financial wellbeing of this “sandwich” generation.
My grandmother and long term care
Most of Americans now live until 84.1 years old, but the average “healthy” life expectancy is 78.9 years. This means most of us will likely spend 6 years dealing with illnesses until death. It is essential to have a plan for long term care.
Medicaid Planning Basics
Medicaid is a joint federal-state program that provides medican assistance to American who are 65 or older and meet certain income criteria. This blog talks about basics of Medicaid eligibility and planning.
Estate Planning and Income Tax Basis
Income tax basis can be a critical consideration in estate planning.
Wills: The Cornerstone of Your Estate Plan
The basic estate planning consists of a will, a power of attorney, and an advance directive (living will). A will can be a great anchor for your estate plan.
To move or not to move : Pre immigration Tax Planning
Before you decide on moving to/from the U.S., don’t forget to add U.S. tax (with a question mark) in your checklist.