How Are Irrevocable Trusts Taxed?

While trusts may be often discussed as being included in an estate plan, the tax consequences of a trust are not always addressed. This is unfortunate because trusts can have significant tax implications for both grantors and beneficiaries. Here, we will address how irrevocable trusts are taxed. How Are Irrevocable Trusts Taxed? An irrevocable trust...
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What You Should Know About Medicare Open Enrollment

Each year, Medicare open enrollment happens. Beginning on October 15 and ending on December 7, open enrollment marks an important opportunity for eligible individuals to enroll in Medicare plans or make changes to existing coverage selections. It is important that Medicare participants take time each year to review their existing Medicare coverage and...
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Taking Time to Honor Our Seniors on International Day of Older Persons

The year 2020 has thrown some difficult things in our way as a nation and a global community. The COVID-19 pandemic has threatened the health and well-being of people across the world. While new information comes out almost daily as researchers search for a vaccine and a better understanding of this novel virus, one...
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