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What’s the Best Way to Make a Gift to Family?

What’s the Best Way to Make a Gift to Family?

Questions often come up when gifting to children. What are the consequences to the giver and to the recipient? An article from nj.com, “Gift tax

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Guardianship Issues Abound in the Silver State

Guardianship Issues Abound in the Silver State

A recent article in Reuters shows the problems in Nevada courts that are responsible for court-appointed guardians for the elderly. This article describes how a

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When Do I Start Succession Planning for My Business? How About Yesterday?

When Do I Start Succession Planning for My Business? How About Yesterday?

As a by-product of succession planning, you get a template for running a better business. It’s beneficial to start these preparations right away. Springfield (MO)

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Did you get the news that three members of the Bellomo & Associates team will be dancing this year in The Hip Nut?!?

Did you get the news that three members of the Bellomo & Associates team will be dancing this year in The Hip Nut?!?

The Hip Nut project is about creating a diverse, multi-cultural, holiday production that appeals to a wide range of audiences. The show puts a contemporary

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How Do I Give My Required Minimum Distribution from a 401(K) To Charity Without Being Taxed?

How Do I Give My Required Minimum Distribution from a 401(K) To Charity Without Being Taxed?

Required Minimum Distributions (RMDs) are minimum amounts that a retirement plan account owner is required to withdraw each year, beginning in the year that he

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We are very excited to announce that three members of the Bellomo & Associates team will be dancing in Greater York Dance’s, very own production, The Hip Nut!

We are very excited to announce that three members of the Bellomo & Associates team will be dancing in Greater York Dance’s, very own production, The Hip Nut!

The Hip Nut project is about creating a diverse, multi-cultural, holiday production that appeals to a wide range of audiences. The show puts a contemporary

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Consider a Roth IRA for Estate Planning

Consider a Roth IRA for Estate Planning

There’s considerable talk about potential tax reform in Washington. It is anyone’s guess what that will look like in the end. However, taxes must be

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What about a Trust? Do I Need This?

What about a Trust? Do I Need This?

A trust is a legal vehicle for managing financial assets for the benefit of you and/or someone else. The property owner (the grantor or settler)

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Michigan Considers Stiffer Penalties for Elder Abuse

Michigan Considers Stiffer Penalties for Elder Abuse

Right now, Michigan law only allows a felony if a person "causes serious physical harm or serious mental harm to a vulnerable adult,” explains WZZM

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Should I Use a Trust to Avoid Probate?

Should I Use a Trust to Avoid Probate?

Progressive states like California have led the charge in finding and implementing methods and techniques to avoid probate, reports The PV Democrat in its recent

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Reverse Mortgage Rules Change Again

Reverse Mortgage Rules Change Again

The federal government is again modifying the reverse mortgage rules. These changes impact the cost of insurance and borrowing limits, which create a mixed bag

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Mississippi Prisoner Sues to Keep “Step-Mother” from Getting His Father’s Estate

Mississippi Prisoner Sues to Keep “Step-Mother” from Getting His Father’s Estate

Thomas Ellis claims that Maria Jackson, also known as Maria Ellis, has no right to his father’s benefits, because she was never legally married to

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