Personal Tax and Estate Planning Newsletter | August 2023

Personal Tax and Estate Planning Newsletter

August 2023

Planning is the key: catch up contributions, original legal wills, serving as executor, planning after death, and green energy home tax breaks plus more are all addressed in our August newsletter.

• The Long-Term Impact of Catch-Up Contributions

For those over 50 you are able to contribute up to $7,500 annually to your retirement accounts, the compound balance will surprise you.

• The Reasons to Have an Original Will

A will has several purposes as part of your estate plan, and it is necessary to have a signed original copy, and here’s why.

• Three Estate Plan Options After Death

An estate plan is still a functioning legal document even after death. We provide three tactics to implement upon death.

• The Responsibilities of Serving as Executor

Understand the responsibilities of serving as Executor but before you take it on, make sure it is the right decision to accept the role.

• Planning Vehicles Used to Avoid Probate

Using estate planning vehicles to avoid probate is in the best interest of your estate and beneficiaries.

• Green Energy Home Improvements Earn Tax Breaks

Making green energy home improvements is advantageous for improved energy efficiency as well as tax breaks and incentives for property owners.

View the complete August newsletter.