Est8Planning Counsel LLLC

09/16/2023

https://youtu.be/EHMGN0krO5c?si=3DXKA5ytyRJ6JvbI

This week Eva and Jim engage in a crucial conversation with Scott Makuakane, a seasoned estate planning attorney. Scott delves into the topic of family and e...

06/16/2023

Take an entertaining tour through the intricacies of estate planning with a seasoned lawyer who has practiced estate planning and trust law since 1983. Though the concepts shared are as serious as a heart attack, they are expressed in a way that is easy to read and understand. So bring along your...

01/04/2021

Happy 2021! The new year is a fresh slate to launch your personal, financial and estate planning goals. Here are five estate planning strategies and key moves to keep in mind for your funds and your family.

These five estate-planning tips can be crucial in safeguarding and transferring your assets, and avoiding estate taxes after your death.

12/29/2020

The sudden and tragic death of 46-year-old Tony Hsieh, former Zappos CEO, came as a shock to many. As he did not have a will or trust in place for his $840 million estate, it is unclear who his intended beneficiaries might be. Having an estate plan in place helps ensure that upon your death, your wishes are carried out. Here's what else you should consider if want to prepare.

Tony Hsieh left behind an estate worth an estimated $840 million. With no will, it could be tricky to know who should get what, or whether he had a preference.

10/07/2020

Do you owe the IRS money? It's important to find out and settle your bill, otherwise you'll collect interest and penalties. Here are several ways to discover whether you owe back taxes.

Here's how to determine whether you owe back taxes and navigate repayment.

09/30/2020

Some people lose track of their pension plan from an old job. A company might merge with another company and change its name, move to a new location in a different city or go out of business. When this happens, your pension is not necessarily lost, but it might take a little research to find it. Here's how to track down a pension.

Try these strategies to locate a pension from a former employer.

09/29/2020

Are you considering getting remarried? While it’s easy to have an estate plan fall out of date following a remarriage, the consequences for unintentional missteps can be devastating, particularly for children from a first marriage or your new spouse. Learn common pitfalls and how to avoid them.

It’s easy to have an estate plan fall out of date following a remarriage, but the consequences for even unintentional missteps can be devastating, particularly for children from a first marriage or your new spouse.

09/24/2020

If you're on the receiving end of an inheritance, odds are the money is coming to you out of the deceased's retirement account. Understanding the rules is crucial to getting the most out of the inherited IRA — and avoid running afoul of the IRS. Learn more about your options.

An inherited IRA is established with funds bequeathed from a deceased person's IRA or 401(k). Beneficiaries need to follow withdrawal and other rules.

09/22/2020

Filing taxes after a divorce can add yet another problem to an already long list of challenges. But here are some tips to make your return to single life more tax-friendly.

Filing taxes after a divorce can add yet another problem to an already long list of challenges. But here are some tips to make your return to single life more tax-friendly.

09/18/2020

If you die without a will and no designated beneficiaries, family members are the “default” recipient of your estate. Fortunately, if you do have bad family relations and don't want certain folks to "get your stuff" here are several legal weapons:

If you don't want your deadbeat brother or even an estranged spouse inheriting your estate, you have to tread carefully.

09/16/2020

If you're retiring soon and believe your Social Security benefits will be tax-free, that might not be the case. For some retirees, Uncle Sam takes a hefty financial bite. Discover ways to limit his portion size of your hard-earned Social Security benefits.

Retirement surprise: As much as 85% of Social Security benefits are subject to tax when provisional income exceeds $34,000 on a single return or $44,000 on a joint return.

09/11/2020

President Trump issued an executive order to suspend the collection of Social Security payroll taxes. How much could it save you?

President Trump issued an executive order to suspend the collection of Social Security payroll taxes. How much could it save you?