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How Do Unified Credit Gift Tax Exclusions Work?

Hands passing a nest egg through three generations.

Gift taxes and estate taxes are only applied if your bequeathed assets exceed a certain dollar amount. Here’s a look at what the unified tax credit is, how it relates to gift or estate taxes and who this credit impacts.

Can You Prevent Family Fights over Inheritance?

Avoid family squabbles over inheritance.

In early 2022, Bloomberg News reported that Americans can expect to inherit $72.6 trillion over the next quarter century—more than twice as much as a decade ago. With so much potential generational wealth on the line, there is always a risk that it will become the subject of a dispute.

How Safe Are Your Aging Parents?

Three generations family - Estate Planning for Aging Parents

As the American population of seniors continues to expand, the need for intentional estate planning becomes more urgent, especially for the children of aging parents.

Does Mediterranean Diet Reduce Dementia Risk?

Brain scans - Hemsworth more likely to develop Alzheimer's

Following a well-balanced diet that’s rich in fruits and vegetables and low in sugar can have many benefits to your health, including reducing a person’s risk of dementia. However, a popular and well-recommended meal plan known as the Mediterranean diet may not lower the odds of developing dementia as previous research had suggested.

What Do Seniors Say About Aging in Place?

Older man experiencing social security fraud with Artificial Intelligence

For all the pain and disruption caused by COVID-19, at least one benefit appears to have come out of the pandemic for seniors: Their confidence about aging in place has soared!

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