This article provides a detailed guide on how to strategically transfer assets to family members, covering topics like the "step-up in basis" for inherited property, utilizing tax-friendly gifting, and employing estate planning tools such as trusts and Lady Bird deeds to avoid probate. Understand how to protect your legacy and minimize tax burdens for your loved ones.
Learn how the One Big Beautiful Bill is changing charitable contributions for Florida retirees. This guide breaks down new deductions, caps, and strategies for tax-savvy giving to maximize your impact and financial security.
Whatever your reason for giving this year, it’s important to know how your charitable contributions can impact your financial plan. In fact, being strategic and intentional in your charitable contributions can create tax benefits for both you and your chosen charity.
Charitable Giving Strategies
The CARES Act was passed nearly eight months ago, but there's one benefit you may have overlooked. As you give to your favorite organizations this holiday season, keep this important change in mind.