Year: 2016

Digital Assets & Your Estate Plan

YOUR DIGITAL LIFE As our lives become more data-driven, many of us wind up owning assets that ?live? on the web. These could be photos that are stored on a website, social media profiles, PDF documents, e-mails and other types of intellectual property. Web-centric businesses ? for example, an eBay storefront or a PayPal account

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Why Smart Women Invest in Estate Planning

Death is uncomfortable to think about and can be even harder to discuss with our loved one. It is no wonder so many people?fail to consider: What will happen to my hard earned assets and those I love after I die? Women in particular face challenge when it comes to estate planning. It ‘s hard

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Farm Succession Planning Pitfalls

Farm Succession Planning Pitfalls

Farm Succession Planning Pitfalls Look around at your farm.? You’ve worked to create, maintain and improve your operation.? What will it become after you’re gone?? Succession planning is not an easy task. To get you on the path to success, consider these four farm succession planning pitfalls.   Never Getting Started The biggest mistake farmers

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estate plan

7 Reasons Why You Need an Estate Plan Even if You Only Have $500 in the Bank

Contrary to popular belief, an estate plan is not just about money or taxes. It’s about protecting your assets for yourself and your loved ones, achieving your financial goals and safeguarding your health care. Money and taxes aside, here are seven good reasons you need an estate plan: Your health care. Defining how your medical

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The Biggest (Tax) Loser: Misguided Gifts of Real Estate

First the good news: with the increase of the federal estate tax exemption to $5,430,000 in 2015, most taxpayers no longer need to be concerned about federal estate taxes. However, the increased estate tax exemption has had no effect on the income and property tax implications associated with asset transfers. Consider this common scenario: an

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Hyatt McIntire & Associates