529 Plans and SECURE 2.0

You may have heard about the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) and the SECURE 2.0 Act of 2022 (part of the Consolidated Appropriations Act, 2023). These pieces of legislation were created to encourage Americans to save for retirement and Continue reading

Key Numbers for 2024

Some of the key numbers used in estate planning and long-term care planning are adjusted each year. Let’s look at some of the numbers that are in place for this year.

Estate Planning
(Federal Numbers)

Annual gift tax exclusion                                                                               $18,000

Gift tax and estate tax applicable exclusion amount Continue reading