We will continue to look at more of the 2018 changes to the Tax Code as it applies to families and not just businesses. Some of the ways families are affected by the Tax changes include the following: Alternative Minimum Tax This is a strange parallel tax system with a separate set of rules that... [Read More]
How Does the 2018 Tax Reform Relate to Families? Part 1
I am doing a Continuing Education Program for Financial, Insurance and Accounting Professionals on May 2, 2018. But one of the questions I am hearing is “What about families?” “How do the changes in the Tax Code impact families?” If you are ever feeling that you are particularly bright, sharp, insightful, and need humbling, look... [Read More]
Steve Teaches CE Class – “The Tax Cut & Jobs Act of 2017”
Estate Planning attorney, Steven Andrew Jackson, will teach a one hour Continuing Education class on “The Tax Cut & Jobs Act of 2017.” Date: Wednesday, May 2, 2018 Time: 8:00 am to 9:00 am Location: The Biltmore Building, One North Pack Square, in downtown Asheville CE Credit: The class is approved for one hour Continuing Education by... [Read More]
It’s not all about you: questions your estate attorney should ask
When we begin work on our estate plans we often think the questions revolve around you – what you want and need. This is true but the Experienced Estate Planning Attorney should also be asking plenty of family related questions, if your loved ones are your beneficiaries after you and your spouse are gone. The attorney... [Read More]
How to Help your Estate Helpers
Part of Estate Planning is making it as easy as possible for your loved ones to help you. You should consult with your Estate Planning Attorney to be sure that your Estate Plan is appropriate and puts the appropriate loved ones in a position to help you. The first way to help your estate helpers... [Read More]
Before surgery review your health care power of attorney
Surgery reminds us to review our health care designations and documents As we get older it is likely that each of us will have a health situation of some kind – surgery or temporary hospitalization. Whether major or minor, these events serve as physical reminders to review our estate plans and our health care designations... [Read More]
In Plain English: The New Tax Bill Highlights
The New Tax Bill Congress has passed, and the President has signed, a major new Tax Bill revising many Tax Laws. It modifies much beginning January 1, 2018. There are a number of changes in the Tax Laws that you will want to pay attention to. Tax Brackets Have Changed. The rate that you are... [Read More]
Small Miracles- We are Surrounded by Them
Albert Einstein said that, “Do you believe in miracles? Well you should. In fact life itself is a big miracle….There are two ways to live: you can live as if nothing is a miracle; you can live as if everything is a miracle.” If we count 5 small things we are thankful for: 1) that... [Read More]
Legacy Property: a lesson in value, cost and inheritance
The movie, Gone with the Wind, was as much about land as it was a romance during the cold realities of the Civil War and the following Reconstruction Period. In it, Scarlet’s father, Gerald tries to instill in Scarlett his appreciation of the land… “Do you mean to tell me, Katie Scarlett O’Hara, that Tara,... [Read More]
Beware of Charities: Some helpful tips
Before you include that charity in your estate planning…consider this example and some tips: Our client Frank was a “Quiet Hero”. He came from very modest beginnings in Texas to earn academic scholarships to help him work through Texas Tech University to earn a PhD in engineering. He served an important communications role with the... [Read More]