by Michelle Seiersen-Pyatt | Jul 20, 2023
In philanthropy, charitable giving has long been a cornerstone. People enjoy making meaningful contributions to causes that are close to their hearts. For those who wish to support charitable organizations while also benefiting from tax advantages and income streams,...
by Michelle Seiersen-Pyatt | Apr 20, 2023
A number of tax provisions have been incorporated into the Inflation Reduction Act (IRA) which went into effect in August 2022, along with the SECURE 2.0 Act which went into effect in December 2022. Lower-income household tax code changes will automatically take...
by Michelle Seiersen-Pyatt | Apr 6, 2023
Estate planning often involves the use of revocable and irrevocable trusts. Each has benefits and drawbacks depending on your goals. However, both trusts are legal arrangements to manage and distribute your property during your lifetime or afterward. The creator of a...
by Michelle Seiersen-Pyatt | Mar 23, 2023
The thought of death, especially your own, is uncomfortable. Add to that the issue of what will happen to our assets after our deaths and it’s little wonder why so few people have created wills and other estate planning documents. According to a 2021 Gallup poll, only...
by Michelle Seiersen-Pyatt | Mar 16, 2023
A tax imposed by the US government on transfers that skip a generation of heirs is known as a generation-skipping transfer (GST). Its primary design is to prevent wealthier individuals from avoiding estate and gift taxes by transferring large amounts of assets to...
