Monthly Archives October 2018

7 Things Financial Advisors Should Know About Estate Planning

Estate Taxes1 As everyone knows, the Tax Cuts and Jobs Act tax overhaul, which was passed in December of 2017, doubled the estate tax exclusion to $11,180,000 per person. (The IRS hasn’t yet released the official inflation adjustments for 2019, but the basic exclusion amount is expected be around $11.4 million per person next year.) Although the exclusion limits are extremely high, they won’t last forever—the legislation sunsets after the 2025 tax year. Estate planning is arguably more important than ever in order to take advantage of the new laws before they expire. There have been many clarifications about the
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Categories: Blog Posts.

Reach Out To Clients During This Medicare Open Enrollment Period

Upcoming changes to drug costs, plan options, premiums present advisor opportunities   During this year’s Medicare Open Enrollment Period, your clients might want your help. That’s because each year Medicare health and drug plans change their products, including costs, what’s covered, and what pharmacies and providers are in their network. Even if you don’t directly offer health insurance or Medicare plans, as an advisor doing retirement planning you should have a working knowledge about the basics, because most Medicare premiums are deducted out of a retiree’s Social Security check. Medicare Open Enrollment During open enrollment from October 15 through December 7,
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Categories: Blog Posts.