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Monthly archive for October 2013

Everyone Needs a Will

On October 14, 2013   /   Estate Planning Basics, Trusts, Wills   /   Leave a comment

Everyone needs a will, but it is important to understand what type of will to use and why to use it. I am a proponent of trusts. In my mind it is a good idea for everyone to have a living trust. The advantage of a trust

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ADJUSTED GROSS INCOME NOW AFFECTS IRA DEDUCTIONS

On October 7, 2013   /   Tax Planning, Tax Rates, Tax Tips, Taxes   /   Leave a comment

Adjusted Gross Income Adjusted gross income numbers are becoming even more important. Here’s another tip to help you understand the importance of lowering your adjusted gross income (AGI). In 2011, the Obama administration took away many people’s ability to make a traditional IRA contribution and have it

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