Each year, we published a review of the estate planning technology landscape. Our blog was designed not as a promotion but a reference for professionals when looking for technology available that services the estate planning industry. It is always important to keep up with latest software options in estate planning.
No one likes to think of something happening to someone they love, to their home, or to their place of business—but in the case of an emergency, being prepared can help ease the burden for everyone involved. After all, the only thing worse than a sudden emergency is one with all kinds of personal and financial fallout - and while documents like wills, trusts, and healthcare directives aren’t something the average client or business owner thinks about every day, not having them on hand can be a big mess.
Now more than ever, conversations with friends, families, and strangers are different. It is hard to avoid polarizing subjects during our daily interactions. The chats can be dicey and trying to avoid sensitive subjects can be challenging. However, there has never been a better time to capitalize on the estate planning conversation.
Estate Planning revisited for the SECURE ACT
If you haven’t heard, the SECURE Act was placed in the spending bill that should be signed into law shortly. While there are many provisions that affect financial and retirement planning, the tax driver in the bill is the elimination of the “stretch IRA.” Since there are so many benefits for retirement, the Government had to pay for it in some ways.
