The fact that almost 70 percent of young people expect to get an inheritance may mean they're in for an unpleasant surprise, since only 40 percent of their parents plan to leave one. That's according to new research from the Natixis U.S. Investor Survey....
Preparation is Key
Estate Housekeeping
The start of the year offers a great opportunity to take stock and reflect on any major changes that have happened to your life in the past year. Perhaps you got married (or divorced), added a new child to your family, bought a house or decided to retire. The myriad happenings of everyday life may mean that it’s time to review and revise your estate plan accordingly....
Annual Limits Updated for Retirement and Estate Plans
This week the IRS issued Notice 2016-62, updating the retirement plan limits for the year 2017. Like with Social Security, limits associated with retirement plans (and estate planning, for that matter) are increased based on the government inflation calculation. A very modest increase in inflation means a small increase for some limits from 2016 to 2017....