How Old is Your Durable Power of Attorney?
When you created and signed your General Durable Power of Attorney, you did it to make sure that a person chosen by you could take care of financial and personal matters for you if you were to become incapacitated. However, as this 2016 New York Times article explains, when an Agent takes a power of […]
Congress Procrastinates Again on Tax-Free Charitable IRA Rollovers
Once again, a special provision of the Tax Code offering older owners of individual retirement arrangements (IRAs) an advantageous way to make charitable donations, is scheduled to expire on December 31. For the remainder of 2013, a traditional IRA owner, age 70½ or over, may transfer directly, tax-free, up to $100,000 per year to an […]