IRS gift-giving rules

1. You may give up to $19,000 to any individual (donee) in 2025 and avoid any gift tax filing requirements.
2. If married, you and your spouse may transfer up to $38,000 per donee.
3. If you provide a gift to your spouse who is not a U.S. citizen, the annual exclusion amount is $190,000.
4. Gifts in excess of this annual amount trigger the need to file a gift tax form with your individual tax return. The excess gift amounts are then added to your estate for potential estate taxation.
5. The estate tax currently has a maximum rate of 40%, and the donor of the gift (or their estate) is responsible for paying the tax.

Leveraging gift rules

Remember, you can transfer up to $19,000 ($38,000 if married) to anyone you wish each year tax-free. Additionally, most states also adhere to this federal law. So if you wish to move assets to loved ones without the burden of future taxation, consider the following ideas.

• Make periodic gifts. Remember, the gift-giving limit is per calendar year. To take full advantage of this tax-free transfer, consider starting now and making periodic payments. Every year you miss out on this limit, which reduces the amount a couple can transfer tax-free to each donee by up to $38,000.
• Fund college savings. Consider donating money to 529 college savings plans for children and grandchildren. This can be done with automated deposits into the account. You or your grandchild’s parent could establish the account.
• Pay medical and education bills directly. If you are concerned about exceeding the annual gift limit to a single person, consider paying bills directly. Examples of this strategy might be paying medical bills directly to a hospital or directly paying college bills for a loved one.
• Donate property. Gifts can include property as well as cash. You can donate investments or other physical property. If you do this, document the property’s fair market value at the time of transfer. The IRS requires this documentation to ensure the value of the property transferred is consistently valued by you and the person receiving the gift.
• Help build a down payment. Often, children burdened with college debt cannot afford the down payment required to buy their first home. You can help by contributing to a down payment through gift transfers.
• Leave a cushion. Remember the annual limit. If you provide a gift to an individual for the maximum allowable amount, you may not provide any other gifts to that person during the year, or the event would be deemed excess gift-giving and require filing a gift tax form.

Keeping perspective

Understanding and leveraging the annual gift tax rules can create tremendous tax savings. But this strategy should be in conjunction with understanding your personal financial needs. Providing gifts of funds that you might later need for your own retirement can be problematic. It’s best to review your gift plans before taking action. Contact our RRBB advisors if you have any questions or if you’re ready to take the next step.

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Parents (or grandparents!): Proactively plan for your elder care

Discussing money, health, and living arrangements with your children or grandchildren is not typically done. Your goal is to be prepared in case you are faced with an emergency. This way, you can avoid making key decisions in emergencies, such as in the ER, after a fall, or under emotional strain.

What you can do:

1. Make it legal. If you have not already done so, set up a will, power of attorney, and healthcare directive. Most states have a preferred legal format that is often accompanied by a list of questions. Walk through this document with your children, and while it may seem awkward, remember they may need to be the ones carrying out your wishes. Without these, your children may face expensive and drawn-out legal battles to act on your behalf.
2. Share your financial picture. Start small. It may be as simple as providing a place to get a list of your accounts and passwords if needed. Your children don’t need every detail, but they need enough to understand resources, debts, and insurance coverage.
3. Clarify wishes for care. Do you want to age in place? Would you consider assisted living? Who do you trust to make medical decisions if you can’t? What funeral arrangements make sense?

Children: Initiate conversations sooner rather than later

This isn’t about taking control from your parents, but rather it’s about being ready to help when it’s needed. Ideally your parents are having these conversations with you periodically, but if not, you may find that you need to step into this void.

How you can help:

1. Learn their wishes now. Ask where they’d like to live if living alone becomes unsafe, and what kind of care they would like. Or explore a plan to stay in their house, if that’s their wish. Who knows, they may already have a robust plan in place, but then you’ll know!
2. Understand available resources. Identify which bank accounts, insurance policies, and retirement funds exist, and locate the relevant documents. Also, get a general feel of whether there are adequate funds in place to navigate the next phase of life.
3. Build your own plan. Prepare financially and emotionally for the possibility that you may need to help cover costs or coordinate care.
4. Become a resource. Pay attention to changes in laws, then relay this information to your parents. An example is the additional $6,000 senior deduction that was passed into law in July. By staying alert, you can ensure your parents are taking full advantage of the opportunities made available to them.

Know the tax tools available

Money is often the most significant stress point in transitioning to new living arrangements or higher levels of care. But many families overlook the tax credits, deductions, and programs that can ease the financial burden. Here are some key areas to explore:

• Medical expense deductions. If medical and long-term care expenses exceed 7.5% of your income, they may be deductible, including in-home care, assisted living (if medically necessary), and medical equipment.
• Dependent care credit. You may qualify for this credit if you pay for the care of a dependent parent while working.
• Claiming a parent as a dependent. If you provide more than half of your parents’ support, you might be able to claim them as a dependent, which can further reduce your taxable income.
• State-specific credits. Some states offer tax breaks for caregiving or senior housing. Check your state’s tax agency for details.
• Health savings accounts. These accounts can be used tax-free for qualifying medical expenses for your parents if they’re considered dependents, even if they’re not on your insurance.

Get started with your elder care planning today

The problem isn’t that children and parents don’t care about transition planning…it’s that they think there’s plenty of time to do it. Unfortunately, this is not always the case. Here’s how you can start taking action today:

1. Schedule a first meeting. Don’t wait for the right moment. Put it on the calendar.
2. Break it into small pieces. Talk about housing one week, finances the next. Avoid trying to solve everything at once.
3. Document agreements. Even informal notes can be a lifesaver later.
4. Review regularly. Life changes. So should the plan.

If handled properly, these elder care planning discussions foster a level of trust and cultivate a sense of partnership. The sooner you start talking and planning, the more control you’ll have over choices, costs, and comfort. Contact our RRBB advisors if you have any questions or are ready to take the next step.

The post Family teamwork: A smooth transition through the ages appeared first on RRBB.

Protect your income

Your current income is the fuel that keeps your household going. Here are some ideas to protect your earnings:

• Minimize tax liabilities using tools such as trusts or family limited partnerships, which can shield assets from estate or capital gains taxes.
• Protect against lawsuits and creditors by structuring ownership through legal entities or trusts. These separate legal entities can make it harder for lawsuits or creditors to reach your personal income or business revenue.
• Ensure income continuity if incapacitated. With powers of attorney and living trusts in place, you can tap someone you trust to manage your income and financial affairs if you’re unable to do so.

Estate planning isn’t just about distributing assets – it’s a proactive way to secure financial stability down the road. Here are some ideas to protect your future income:

• Preserve wealth using tax planning strategies. Trusts, retirement accounts, and gift-giving can minimize your future estate and income taxes, helping you retain more of your earnings over time.
• Safeguard business and investment income. Planning for succession or setting up buy-sell agreements ensures that income from businesses or investments can continue in the future, even after death or incapacity.
• Provide long-term control over assets. Set specific terms in wills or trusts to dictate how and when income-generating assets are used. This can protect them from mismanagement or being wasted quickly.

Protect your children

Estate planning isn’t just about money – it’s also about protecting your kids if something happens to you. Here are some ways to protect your children:

• Ensure guardianship. If you pass away or become incapacitated, a will lets you name who should raise your children. Without this, the decision goes to the courts, and a judge will choose a guardian. Naming someone in your estate plan ensures your children are raised by someone you trust in a stable and familiar environment.
• Control their inheritance. A well-structured estate plan allows you to manage how and when your children receive their inheritance. For example, you can create a trust and decide when to distribute money and for what purposes, such as education, health care, or buying a home.
• Minimize conflict. When your wishes are clear in legal documents, it leaves less room for disagreements among family members. This can help prevent costly legal battles or emotional fights over who should care for the kids or how money should be used.

Estate planning for your family

Many people believe estate planning is only for the very wealthy. But as you can see, managing an estate is important for everyone, regardless of income level. Consider reviewing your situation with a qualified expert to help create peace of mind for yourself and your loved ones. Contact our RRBB advisors today.

The post Estate planning tips for every family appeared first on RRBB.

© 2024

The post 2024 tax calendar appeared first on RRBB.

For many people, 2023 will be a confusing year to plan for taxes due to various issues. These include erratic markets, rising interest rates that are stabilizing, and notable modifications to the regulations governing retirement planning. You still have time to put year-end tax preparation techniques into place, which might lower your annual income tax burden, even though there is still much uncertainty. Here are some actions on how to reduce your income tax bills in 2023, along with those pointed out in the first part of this two-part blog series.

Leverage your charitable giving options

You can enhance the amount that your itemized deductions include from charitable contributions in several ways. For instance, you may give away valuable possessions you’ve owned for at least a year. You can deduct the fair market value of donated investments and the cost basis for nonstock donations, in addition to avoiding capital gains tax and, if applicable, the net investment income tax on the appreciation. Remember that the deduction for charitable contributions is subject to adjusted gross income, or AGI, based limitations.

You may also choose to make a qualified charitable distribution (QCD) from a retirement account that has required minimum distributions (RMDs), even though it won’t affect your charitable contribution deduction. After age 75, you may donate up to $100,000 annually (indexed annually for inflation) to a qualified charity. The payout is considered an RMD subtracted from your taxable income. Still, it does not count toward your charitable deduction.

Execute a Roth conversion

Because you can convert more shares without increasing your income tax obligation, recent market dips may also make this a wise time to consider converting part or all of your traditional IRA to a Roth IRA. Yes, the amount converted will be subject to income tax in 2023. However, you can reduce the impact by converting solely to the maximum amount allowed under your current tax band.

Furthermore, the long-term advantages may offset the immediate tax impact. The cash will grow tax-free after conversion. If you have owned the account for at least five years, you can often take “qualified distributions” tax-free. Roth IRAs are exempt from RMD requirements. Additionally, you can take out tax-free and penalty-free withdrawals from a Roth IRA for qualified higher education expenses (with no cap), eligible birth or adoption expenses (up to $5,000), and qualified first-time home purchase (up to $10,000).

However, remember that you can have a more significant AGI after a Roth conversion. This could reduce the tax advantages you receive concerning your modified AGI that phase out.

Review your estate plan

Although your estate plan shouldn’t impact your income taxes in 2023, it’s a good idea to examine it now because the TCJA’s significant gift and estate tax exemptions will expire at the end of 2025. In 2018, for instance, the TCJA almost doubled the exemption to $12.92 million (or $25.84 million for married couples). Reverting to the $5 million pre-TCJA level (adjusted for inflation) could significantly impact your estate strategy.

Additionally, some estate planning techniques might be more appealing given the persistently high-interest rate environment. For instance, gifts to charitable remainder trusts and qualifying personal dwelling trusts typically have a reduced value at high-interest rates.

How to reduce your income tax bills

Naturally, you should also always consider the time-tested strategies for lowering your taxes, like delaying income and increasing spending. Of course, these strategies are useless if you anticipate being in a higher tax bracket in 2024. We can assist you in charting the best path for your situation. Contact our RRBB advisors if you have any questions.

© 2023

The post Take action now to reduce your 2023 income tax bill – part two appeared first on RRBB.

The IRS released the 2024 cost-of-living adjustments for over 60 tax provisions recently. Though not as much as in the previous year, several amounts will grow over 2023 as inflation moderates slightly this year compared to last. Remember to account for these 2024 modifications when you apply your 2023 year-end tax preparation and estate planning techniques.

Remember that the chained consumer price index, or C-CPI-U, is used to compute annual inflation adjustments under the Tax Cuts and Jobs Act (TCJA). Compared to the prior use of the consumer price index, this results in a slower rate of increase in tax bracket thresholds, the standard deduction, some exemptions, and other statistics. This could eventually push taxpayers into higher tax brackets and reduce the value of different deductions. The C-CPI-U is now a significant element of the TCJA permanently.

Education and child-related tax breaks

In 2024, the maximum advantages of particular education and childcare breaks will not change. However, the cap on most of these deductions is the taxpayer’s modified adjusted gross income (MAGI). Partial breaks are available to taxpayers whose MAGIs fall within the applicable phaseout range. There will no longer be breaks for taxpayers whose MAGIs are higher than the upper limit of the range.

Depending on the break, the MAGI phaseout ranges will either largely stay the same or slightly rise in 2024. For instance:

• American Opportunity Credit. The MAGI value used by joint filers to calculate the reduction in the American Opportunity Credit is not increased for inflation for tax years starting after December 31, 2020. The phaseout gradually eliminates this credit for taxpayers whose MAGI exceeds $80,000 ($160,000 for combined returns). Each qualified student may receive up to $2,500 in credits.
• Lifetime Learning Credit. The MAGI value used by joint filers to calculate the reduction in the Lifetime Learning credit is not inflation-adjusted for tax years starting after December 31, 2020. The phaseout also gradually eliminates this credit for taxpayers whose MAGI exceeds $80,000 ($160,000 for combined returns). For each tax return, the maximum credit is $2,000.
• Adoption Credit. In 2024, the phaseout range will rise by $12,920 for qualified taxpayers who adopt a child. The range for joint, head-of-household, and single filers will be $252,150–$292,150. In 2024, the maximum credit will rise by $860 to $16,810.

(Note: Generally, married couples filing separately do not receive these credits.)

These are just a few tax benefits for education and children you can be eligible for. Remember that your child may be able to claim a tax break on their return if your MAGI is too high for you to qualify for one for your child’s schooling.

Gift tax and estate planning

The generation-skipping transfer (GST) tax exemption and the unified gift and estate tax exemption are subject to yearly adjustments for inflation. Therefore, the amount will increase to $13.61 million in 2024 from $12.92 million in 2023.

In 2024, the annual gift tax exemption will rise to $18,000, a $1,000 increase.

Retirement plans

In 2024, almost all retirement plan-related caps will rise. Therefore, if you have already contributed the maximum amount permitted, you may have a few options to grow your retirement savings, depending on your plan type.

Depending on your MAGI, your ability to benefit from IRAs may be limited or eliminated. Thankfully, the MAGI phaseout range restrictions on IRAs will all rise in 2024:

Traditional IRAs. When it comes to the deductibility of contributions, the MAGI phaseout ranges apply to taxpayers (or their spouses) who take part in employer-sponsored retirement plans:

• The phaseout range for married taxpayers filing jointly varies for each spouse according to whether they are members of an employer-sponsored plan.
  • A participating spouse’s 2024 phaseout range limits will rise by $7,000 to $123,000–$143,000.
  • The 2024 phaseout range restrictions for a spouse who chooses not to participate will rise by $12,000 to $230,000–$240,000.
• The 2024 phaseout range limitations for head-of-household and single taxpayers enrolled in employer-sponsored plans will rise by $4,000 to $77,000–$87,000.

Contributions to an IRA may only be partially deductible by taxpayers whose MAGIs fall within the required range; taxpayers whose MAGIs exceed that range are not eligible to deduct any contributions.

However, taxpayers may make nondeductible conventional IRA contributions even with a lower deduction or none at all. The 2024 contribution cap of $7,000 (less any Roth IRA contributions) and any relevant $1,000 catch-up remain in effect. Suppose your MAGI prevents you from contributing to a Roth IRA or the total amount allowed. In that case, you may still benefit from nondeductible conventional IRA contributions.

Roth IRAs. Your capacity to contribute to a Roth IRA is unaffected by whether or not you participate in an employer-sponsored plan. Still, you may not be able to make contributions within MAGI limits.

• The 2024 phaseout range limits for married taxpayers filing jointly will rise by $12,000 to $230,000–$240,000.
• The 2024 phaseout range limitations for head-of-household and single taxpayers will increase by $8,000 to $146,000–$161,000.

If your MAGI is within the applicable range, you can contribute somewhat; if it is above the range, you cannot.

(Note: Phaseout ranges for traditional and Roth IRAs are significantly lower for married taxpayers filing separately.)

Tax and estate planning for 2024

You may receive some tax relief the next year because many of the 2024 cost-of-living adjustment levels are moving upward. Furthermore, you can increase your retirement savings because of specific constraints associated with retirement plans that are also growing. Check out the first blog post in this two-part series for more information on individual income taxes and the alternative minimum tax. Please contact our RRBB advisors if you have any questions about the most effective tax-saving tactics in light of the 2024 figures. We would gladly assist with your tax, retirement, and estate planning.

© 2023

The post How the 2024 cost-of-living adjustment numbers affect your year-end tax planning – part two appeared first on RRBB.

Passing on as much of your fortune to your family as possible may be one of your primary estate planning objectives. Protecting your estate from gift and estate taxes entails doing that. Making gifts throughout your lifetime is one way to do this. 

Tax consequences of gifts vs. bequests

Making gifts during your lifetime has the main benefit of protecting future appreciation from estate tax. This is accomplished by eliminating assets from your estate. However, there is a downside: the recipient obtains a “carryover” tax basis, meaning they take on your asset’s basis. A sale of a gifted item will result in capital gains taxes on the difference if the basis is low compared to the fair market value (FMV).

However, at the moment, an asset transferred upon death is given a “stepped-up basis” equal to its FMV on the day of death. According to this, the recipient can sell it with little to no capital gains tax liability. Which approach—transferring an asset by gift (now) or by bequest (later)—has the lower tax cost? Multiple variables play a role in determining the answer, such as:

• The basis-to-FMV ratio of the asset
• The likelihood that its value will increase in the future
• Your exposure to gift and estate taxes now and in the future
• The recipient’s time horizon or how long you anticipate them to keep the asset after receiving it

Estate tax law changes ahead

Knowing when to transfer wealth can be challenging because so much depends on the future of the gift and estate tax system. The base gift and estate tax exemption threshold will revert to an inflation-adjusted $5 million in 2026, absent further legislation from Congress. With correctly crafted trusts, it may be feasible to lessen the effects of this uncertainty.

Let’s imagine the exemption for gift and estate taxes will soon decrease drastically. You transfer valued assets to an irrevocable trust to take advantage of the present exemption, avoiding gift tax and protecting future gains from estate tax. The assets go to your beneficiaries on a carryover basis. When they sell, they will be subject to capital gains taxes.

Imagine that the exemption amount has increased or remained unchanged after you pass away rather than decreased. The trust grants the trustee specific powers that, if used, would include the assets in your estate to protect against this risk. The increased exemption thus protects all or most of the asset appreciation from estate taxes. Your beneficiaries will benefit from a stepped-up basis.

Don’t hesitate to contact our RRBB advisors to monitor legislative changes and modify your estate plan as necessary. We can offer tactics for incorporating flexibility into your plan to lessen the impact of upcoming tax changes.

© 2023

The post Deciding whether to make lifetime gifts or bequests at death can be a deceptively complex question appeared first on RRBB.

Many tools and methods can help minimize your taxable estate and guarantee your final wishes come true. Many should implement these two essential strategies outlined below in their estate planning.

Take advantage of the annual gift tax exclusion

Don’t undervalue the ability to make annual exclusion gifts to reduce your tax burden. The exclusion rose to $17,000 per recipient for 2023 ($34,000 if you divide presents with your spouse), an increase of $1,000.

Consider, for example, Jim and Joan combining their $17,000 yearly exclusions for 2023. This would result in each of their three children, their spouses, and their six grandchildren receiving $34,000. The couple’s estates are then reduced by a tax-free $408,000 this year ($34,000 multiplied by 12).

What if, instead, the identical sums transfer to the beneficiaries upon Jim’s or Joan’s passing? The excess of the federal gift and estate tax exemption ($12.92 million in 2023) that their estate would receive would be subject to taxation. The tax burden would be at the current 40% rate if neither a gift or estate tax exemption nor a generation-skipping transfer (GST) tax exemption were available. Therefore, giving gifts that qualify for the annual exclusion could result in significant tax savings for the family.

Use an ILIT to hold life insurance

If you have a life insurance policy, be aware that if your estate exceeds a specific threshold, estate tax may take a sizable amount of the proceeds. Your estate tax rate, the gift and gift tax exemption available at your death, and other factors will determine the precise amount.

The proceeds will not count toward your taxable estate if you don’t hold the insurance policy, though. Establishing an irrevocable life insurance trust (ILIT) is a successful way to keep life insurance out of your estate.

An ILIT owns and manages one or more life insurance policies, which are distributed per your instructions. So, you have no authority over the policy, including the ability to modify the beneficiary. However, you can design the trust to lend money to your estate. This may include paying estate taxes or other liquidity requirements.

Essential estate planning strategies for you

Remember that these two common tactics might not be appropriate for your estate plan. Contact our RRBB advisors today. We can provide you with more information about each and assist you in deciding which is best for you.

© 2023

The post Don’t overlook these two essential estate planning strategies appeared first on RRBB.

The federal exemption from gift and estate tax for 2023 is $12.92 million ($25.84 million for married couples). However, if Congress does nothing, it will only be $5 million ($10 million for married couples) on January 1, 2026. According to current projections, such sums should increase by about $6 million and $12 million, respectively, to account for inflation.

Consider using planning strategies now that can help lessen or eliminate gift and estate tax obligations in the future if you anticipate that the value of your estate will exceed those estimated exemption amounts by 2026. A spousal lifetime access trust (SLAT) is one such method. A SLAT offers a safety net in case your needs alter in the future. It also allows you to remove a sizable amount of cash from your estate tax-free.

SLAT basics

A SLAT is an irrevocable trust that enables the trustee to pay your spouse while they are still alive, should the need arise. The purpose of creating a SLAT is to provide income to your spouse during their lifetime while benefiting your children or other heirs.

You can transfer assets from your estate to the trust as completed gifts. However, since your spouse is a trust beneficiary, you still have indirect access to it. Typically, you would select a separate trustee with complete authority to distribute funds to your spouse.

Beware of potential pitfalls

To minimize unintended outcomes, SLATs must be appropriately prepared and written. For instance, you must give to the trust using separate property to avoid the assets in the trust being in your spouse’s estate. If you reside in a community property state, this may necessitate further planning. After funding the trust, keeping the trust assets separate from the marital or communal property is crucial.

The benefits of a SLAT depend on your spouse’s indirect access to the trust. Therefore, your marriage must be solid for this method to be effective. Additionally, there’s a chance that if your spouse dies before you do, you’ll lose the security that a SLAT offers. Setting up two SLATs is one approach to spreading your risks. You could make one with your spouse as a beneficiary and your spouse would create another with you as a beneficiary.

To circumvent the reciprocal trust doctrine, you must carefully plan if you and your spouse each create a SLAT. According to that doctrine, the IRS could annul the agreement if it determines that the two trusts are connected and put you and your spouse in a similar financial situation to what would have happened if you had individually established a trust for your personal benefit. The trusts’ terms should change so that they are not nearly identical to prevent this consequence.

Federal gift and estate tax exemption

Contact our RRBB accountants and advisors for more information.

© 2023

The post Prepare for an uncertain federal gift and estate tax exemption amount with a SLAT appeared first on RRBB.

It may be tempting to think of a sizeable inheritance you’ve recently received or will soon receive as “found money” that can be used at will. But it’s a good idea to have a strategy for receiving an inheritance unless your current financial plan guarantees that you’ll be able to achieve all of your goals comfortably.

Receiving an inheritance

Take time to reflect. You don’t need to take immediate action after receiving an inheritance. Instead, consider the inheritance’s impact on your financial condition, speak with dependable professionals, and carefully consider your choices. You may find that an accountant, attorney, and financial advisor can be extremely helpful in this situation. Place cash or investments in a bank or brokerage account while making plans. If you’re married, you might hold the assets in a separate account under your name. In a divorce, an inheritance is often your individual property. However, in combination with marital money in a joint account, it may no longer have that status.

Avoid making quick financial commitments. Only begin spending or make financial obligations based on your inheritance if the administrator still handles your loved one’s estate once you know your share of the estate’s net proceeds. The ultimate payment can be less than anticipated if all fees and taxes are considered. If you’re getting your inheritance through a trust, speak with the trustee. You’ll want to acquaint yourself with its provisions and ensure you comprehend the time, amount, and distribution requirements.

Beware of income and estate tax consequences. Although an inheritance is typically exempt from income tax, the assets you receive may affect your future tax obligations. For instance, some assets that generate income, such as those from real estate, an investment portfolio, or a retirement plan, may significantly raise your taxable income or even place you in a higher tax bracket. The inheritance can affect your estate plan, depending on its amount. Talk to your advisor about ways to lower taxes and preserve as much money as you can for your heirs if it raises the worth of your estate to the point where estate tax is a problem.

Financial planning

Review and revise your financial plan. Separating an inheritance from your other assets could promote irrational, unexpected spending. Integrating inherited assets into your entire financial plan is a better strategy. If you have credit card or other high-interest debt, consider using some of the inheritance money to pay it off or start an emergency fund. The remainder should be accessible with other assets to pay for your retirement, your children’s college costs, travel, or other financial objectives.

There is nothing wrong with taking a small share of a large inheritance and treating yourself a little. However, it would be best to approach inherited assets the same way you would treat assets you have earned over time and include them in a thorough financial plan. You should include any inherited property in your estate plan as well. Contact our RRBB accountants and advisors for further details.

© 2023

The post You’ve received a sizable inheritance: Now what? appeared first on RRBB.