"My father passed away and left me a large sum of money", a reader related in a recent Dear Abby letter. After paying off debt, she decided to give each of her three adult children a Christmas gift:"from me and their grandfather". The letter-writer's husband of one...
"Trump Accounts - Focus on their merits, not branding," Mickey Kim advises parents and grandparents in the Indianapolis Business Journal. "Importantly, the Treasury will provide a one-time $1,000 seed contribution for U.S. citizens born between Jan. 1, 2025 and Dec....
"Survey reveals Americans' increasing openness to new methods of burials," Tanya D. Marsh, a professor at Wake Forest University explains in an Indianapolis Star piece. Of the six legal methods of disposition of human remains (cremation, casket burial, green burial,...
"Mishandled, estate and/or trust administration can cause family rifts; on the other hand, competent and careful management helps keep family memories happy and purpose-intact," Margaret A. Munro and Kathryn A Murphy explain in Estate and Trust Administration for...
The VA projects that the number of living veterans will continue to decline over the next 25 years, Katherine Schaeffer observes in a piece by the Pew Research Center, and the share of the U.S. population with military experience has declined to less than 6%. "Thank...
"As life expectancy extends, a retirement nest egg needs to account for not only extra spending years, but also the out-of-pocket healthcare costs that accompany it," financial advisor Andrew Crowell cautions clients planning for their golden...
As Indiana elder law attorneys, we know that long-term care planning has an important place in both retirement and estate planning, and at Geyer Law, we make every effort to help clients take charge of their finances and protect both themselves and their heirs...
Contrasting behaviors can be a source of conflict for couples, Rick Kahler points out in Advisor Perspectives. "Spenders may be seen as either generous or irresponsible, while savers are viewed as either stingy or responsible." There may be value in both behaviors,...
Donor-Advised Funds allow parents and children to participate together in choosing charitable causes to benefit, while taking a tax deduction in the year of the contribution.
Intra-family loans can be a good planning tool, in addition to helping provide assistance to loved ones. However, caution is in order, to avoid both tax problems and interpersonal misunderstanding.
