How to Choose Your Beneficiaries
Beneficiaries are an important part of your estate plan, as these are the people or organizations that will ultimately benefit from your estate. Your specific beneficiaries often give a purpose and guidance for what you’re leaving behind.
Trust Taxation: Considerations for Grantors and Beneficiaries
Trusts are legal arrangements used to protect and distribute assets, often as part of estate planning. They are taxed differently than ordinary investment accounts, depending on their structure and the type of income they generate.
The Pros and Cons of Working with Family Members
Bringing family members into a small business can be appealing because of the trust and values you share; however, this can easily become complicated. If you are considering bringing family into your small business, here are some key pros and cons to review before acting.
Long-Term Care Insurance Can Offer Peace of Mind and Help Preserve Your Wealth
One of the greatest risks to your estate plan is the chance of incurring substantial long-term care (LTC) costs.
SEK’s Ultimate Road Trip Playlist
This weekend is the unofficial beginning of summer, and many of our team members have fun road trips planned for this weekend or coming up soon! To celebrate the coming season, we asked our team to share the song that gets them excited when they hit the road.
Planning Your Next Vacation? Here Are 8 Ways to Stay on Budget
Summer vacations are meant to be relaxing, but without a plan, travel expenses can quickly become overwhelming. Between flights, lodging, dining, activities, and unexpected costs, it’s easy for vacation spending to spiral beyond what you originally intended.
What’s a “Small Business,” and Why Does It Matter?
Although your business may seem big to you, you may wonder how the government classifies it for tax purposes. If your organization qualifies as a “small business,” you may enjoy several important tax advantages, but the rules for specific tax provisions vary.
Are You Asking the Right Interview Questions?
Bringing the right person onto your team is one of the most important decisions a manager can make. But many interviews fall short because they focus more on conversation rather than truly understanding the candidate.
How Your Nonprofit Can Better Engage Members and Encourage Renewals
These days, many people are evaluating recurring expenses and deciding which memberships deserve a place in their budgets.
Moving to a New State? Review the Tax Implications First
Whether you’re relocating for work, retirement, family, or lifestyle reasons, state taxes can have a significant financial impact. Taxes vary widely from state to state, and establishing residency for tax purposes may be more complicated than you expect.