In addition to the federal estate tax, with a top rate of 40 percent, some states levy an additional estate or inheritance tax. Twelve states and the District of Columbia impose estate taxes and six impose inheritance taxes. Maryland is the only state to impose both. Read More at https://taxfoundation.org/state-estate-tax-state-inheritance-tax-2021/
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Jumping into the stock market now for the first time is a mixed bag. Though stock values have fallen over the past week, we’ve thus far avoided the big market crash so many people were talking about earlier this year. On the other hand, a lot of stocks are still overvalued, and if you’re investing on a […]
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When couples find time to discuss estate planning, they often think of how they can equally divide their properties to ensure their children are well taken care of in case one or both pass on. They decide who can best benefit from the house, the car, or who will take over the family business and […]
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The insurance industry is being completely revolutionised by an app that enables one-click accident claims to be generated in unbelievably fast times. As one of the world’s largest and most populated countries, it should come as no surprise that China’s digital economy is of a scale to be reckoned with. With some one billion ‘netizens,’ […]
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Building wealth has little to do with your job title. Some of the richest people I know are college dropouts, teachers, and unassuming professionals who lead modest lives. But one look at their bank accounts, and it’s clear they’re doing something right. Read more at https://www.businessinsider.com/personal-finance/financial-planner-richest-clients-same-habits-2021-2
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