Get organized Determine which assets may skip the probate process Probate for Small Estates Formal probate process PA Inheritance Tax Tables: 2020 Federal Estate Tax Table The process of settling an estate involves naming a personal representative, collecting estate assets, filling appropriate forms with the Register of Wills, notifying heirs, providing a public notice, paying […]
By: Nancy D. McKee, CFP® Inheriting an IRA or Roth from a spouse comes with its own set of rules and key deadlines. If you inherit an IRA or Roth from a spouse, you can combine that IRA or Roth with your own, or you can roll the IRA to an inherited IRA or disclaim […]
By: Trina Brown, Financial Planning Analyst According to the Pew Research Center,1 the percentage of adults presently married in the United States declined from a high of 72% in 1960 to a low of 50.5% in 2012. At the same time, 2010 Census data reveals that over 7.5 million unmarried couples live together, a 138% […]
By: Matthew D. Kelly, CFP® Not too long ago, I signed up for the new marriage, new house, and newborn extravaganza.  As many of you know, and I can certainly attest to now, it is quite the transition.  Times were a bit simpler before—pay your rent, go to work, brush your teeth at least twice […]
By: Michael A. Montileone, CFP® and Chris P. Wieder, CFP® There are many life changing events that occur in a lifetime with retirement normally being in the top five. In addition to being assured that you have accumulated enough assets for a comfortable retirement, there are also estate and income tax, portfolio allocation, and logistical […]