Life Insurance Trust: The Insured’s Duties

/ By: William T. (Tom) Edwards, Jr., Attorney & Counselor at Law

Category: Taxes

As the insured, you have few duties. Your estate planning attorney, life insurance representative, and trustee do all the work. You and your loved ones get all the benefit.

Read more »

Do I Qualify for a Roth IRA?

/ By: William T. (Tom) Edwards, Jr., Attorney & Counselor at Law

Category: Retirement Planning

The first qualification is that either you or your spouse must have earned income at least in the amount you wish to contribute to the individual retirement plan; and, second, you must meet certain income...

Read more »

Estate Tax: Changes In The Offing

/ By: William T. (Tom) Edwards, Jr., Attorney & Counselor at Law

Category: Estate Planning

Understanding where you are in relationship to the existing estate tax parameters is one of the first things you are going to want to ascertain when you are planning your estate. At the present time,...

Read more »

Advance Directives Are Key Component

/ By: William T. (Tom) Edwards, Jr., Attorney & Counselor at Law

Category: Advanced Medical Directives

Without question, you have financial matters to consider when you are devising a plan for the future. When the subject of estate planning comes up many people immediately think about transferring assets to their loved...

Read more »

Social Security: When Are You Eligible?

/ By: William T. (Tom) Edwards, Jr., Attorney & Counselor at Law

Category: Retirement Planning

If you are like most people Social Security will provide a significant percentage of your retirement income. As a result, your retirement date may well coincide with your date of Social Security eligibility. With this...

Read more »

Making A Unique Difference With Your Estate Plan

/ By: William T. (Tom) Edwards, Jr., Attorney & Counselor at Law

Category: Estate Planning

On a fundamental level estate planning involves preparing your material assets for distribution to your loved ones after your death. But when you are taking the time to evaluate what you have accumulated throughout your...

Read more »

Time For Annual Estate Plan Review

/ By: William T. (Tom) Edwards, Jr., Attorney & Counselor at Law

Category: Estate Planning

A new year is upon us, which means it is time to start to think about taking care of the things that we tend to annually. Estate planning attorneys would like to think that our...

Read more »