RAPHAN LAW
      PARTNERS, LLP
 • BLOG •

If you are age 65 or older, there is a new federal tax break worth understanding. As part of the “Big Beautiful Tax Bill,” recent tax legislation introduced an extra $6,000 deduction for seniors. This is a real, meaningful reduction in taxable income for many people, but it comes with limits.

Did you choose the right executor? Or have you burdened an unqualified or unwilling relative and put your Will at risk to be contested?

Estate Planning is for everyone regardless of their net worth. Below are 10 prudent reasons to create an estate plan now.

When a person declares bankruptcy, an individual retirement account (IRA) is one of the assets that is beyond the reach of creditors, but...

Via By Maryalene LaPonsie, Contributor With the end of the year looming, the window is quickly closing for taxpayers who want to minimize...

Grandparents may be tempted to leave an IRA to a grandchild because children have a low tax rate, but the “kiddie tax” could make doing...

Tax day, which is April 18th in 2017, is approaching and it is time to begin crossing T’s and dotting I’s in preparation for paying...

April 15th is approaching and it is time to begin crossing T’s and dotting I’s in preparation for paying taxes. As tax time draws near,...

Many significant life events often come with a related tax consequence. Here are some issues that may be facing seniors and retirees with...

If you plan properly and have your plan reviewed periodically, you may lower or eliminate the tax burden on your estate and leave more to...