All About the Probate Process
When it comes to estate planning, it is important to structure your assets so that they pass efficiently and effectively to your beneficiaries. To be best prepared to do this, one must understand the probate process.
What are the Benefits of a Stepped Up Basis?
Asset values can sometimes leave beneficiaries subject to large capital gains taxes on inherited assets. One way that beneficiaries can reduce their exposure to capital gains tax is through the "stepped up" basis process. Read on to discover more....
New Income Tax Brackets – How They Impact You
In late fall, the Internal Revenue Service (IRS) released adjusted income tax brackets for the 2023 tax year. The 7.1% adjustment to the brackets was one of the biggest we have seen in decades. These adjustments added thousands of dollars to most of the marginal tax brackets, which could mean more money in your pockets come tax filing time.
Using Investments to Mitigate Risks & Fuel Your Goals
MCF Insights: The Housing Market Looks Robust to Start 2020
Historically, the housing industry has led the U.S. out of a recession and many economists consider new housing starts to be a leading economic indicator versus a lagging indicator. Think of it this way:
MCF Insights: Thanks, ‘Avengers: Endgame,’ for Reminding Us Why Inflation Matters
Marvel’s gambit to propel “Avengers: Endgame” to become the top-grossing movie of all time finally paid off. The studio re-released the final film in its “Avengers” series earlier this month with extra footage and a post-credit tribute in an effort to pass James Cameron’s 2009 film “Avatar” as the world box office record holder.