If you have a traditional IRA, you may want to consider converting to a Roth IRA. Learn about the difference between a traditional and Roth IRA, the costs of converting, and how to determine if you’d benefit from a conversion.

When creating an estate plan, many people fear that their money and assets will be squandered haphazardly by the beneficiaries. To help protect against this, you may want to consider using a spendthrift trust. 

Changes to the way that research and experimentation (R&E) expenses are treated under Section 174 of the Internal Revenue Code became effective as of January 1, 2022. Learn about these changes and how they might affect your business.

Unfortunately, many of us will need long-term care at some point in our lives. In this article, we explore the average costs of long-term care and the different methods of paying for it. 

All too often, individuals pass away without leaving critical information such as financial accounts, legal documents, policies, and passwords. Learn how to create and what to include in a Legacy Binder for your loved ones.

Selling your business is a significant undertaking that requires foresight, thoughtful planning, and an honest look at you and your business. If done correctly, it is an exciting time that results in the funds and freedom to begin a new adventure in life. Learn about steps you can take to prepare for the sale of your business.

Many wealthy individuals have taken steps to maximize their lifetime gift tax exemption before it reverts back to a lower level in 2026. However, the IRS recently proposed new guidance that would allow for clawbacks of certain gifted assets. Learn more about the proposed changes in this article.

Many people are aware of the federal estate tax, but few realize that certain states also levy estate and inheritance taxes on the assets one leaves behind. Learn about which states impose taxes, what the tax rates are, and how they may affect your estate planning. 

Many financial experts tout the benefits of a Health Savings Account, or HSA, but many people are not familiar with how they work. In this article, we will provide an overview of HSAs, including how to use them, how they work, and why you might want one.