by tracy.thrash | May 26, 2022 | Uncategorized
What constitutes a gift to charity? A gift to charity is simply a gratuitous transfer of property to a charitable organization. The key is that your gift must be some kind of property–your time or personal services do not count. There are several different types...
by tracy.thrash | May 26, 2022 | Uncategorized
After dropping the benchmark federal funds rate to a rock-bottom range of 0%–0.25% early in the pandemic, the Federal Open Market Committee has begun raising the rate toward more typical historical levels in response to high inflation. At its March 2022 meeting, the...
by tracy.thrash | May 26, 2022 | Uncategorized
In tax lingo, your principal residence is the place where you legally reside. It’s typically the place where you spend most of your time, but several other factors are also relevant in determining your principal residence. Many of the tax benefits associated...
by tracy.thrash | May 25, 2022 | Uncategorized
REASONS TO OWN CORE BONDS? For us, the value proposition for core bonds (as defined by the bonds within the Bloomberg Aggregate Bond index) is that they tend to provide potential for liquidity, diversification (to potentially counter equity market risk), and positive...
by tracy.thrash | Apr 27, 2022 | Uncategorized
It can be fairly easy to underestimate your net worth. After all, predicting the future value of your home and savings is merely hypothetical. On the other hand, you can rely on the fixed amount of the death benefit provided by your life insurance policy. However,...
by tracy.thrash | Apr 27, 2022 | Uncategorized
Estate Planning Key Numbers Here are some key numbers associated with estate planning, as well as the federal gift tax and estate tax rate schedules for 2021 and 2022. 2021 2022 Annual gift tax exclusion: $15,000 $16,000 Gift tax and estate tax...
