Vanessa Terzian E: vterzian@lagerlof.com PH: 818-864-6174 | Edward Terzian E: consultation@inheritancerecovery.com PH: 818-579-2358
New Social Security Rules and Services for 2013 There have been a number of new rules and services implemented by the Social Security Administration for 2013 that affect a majority of American workers as well as retirees: Expiration of the payroll tax cut. Workers may have already noticed the hit their paychecks took this year…
No More Reasons for Delay in Implementing These 5 Estate Planning Essentials Last year’s uncertainty about the future of the estate and gift tax caused many people to put their estate planning on hold. Now that the clouds have lifted and Congress has given us clarity, there is simply no reason for anyone to delay…
Top 5 Estate Planning Tips for the Newly Divorced Tip #1: Update your will immediately. This may not be top-of-mind, but updating your will is extremely important if you are going through a divorce. Having your assets go to your ex can be like adding insult to injury…and can tie up your estate for years…
5 Ways to Ease the Pain of the Payroll Tax Hike While the fiscal cliff tax deal cut by Congress last month targeted primarily higher wage earners, every American worker is feeling the effects of the payroll tax hike that went into effect on January 1, raising the Social Security payroll tax from 4.2% to…
Elder Abuse: How Recognize It The older population of the United States is growing fast, to put it mildly. According to the U.S. Census Bureau, there were about 35 million people over the age of 65 in 2000. This number will soon rise dramatically as the oldest of the 76 million baby boomers reach retirement…
How To Leave Your Home To Your Kids Many parents want to know the best way to leave a home to their children. Before you make a plan, you should first be sure that your children actually want the property. We have seen too many parents take on unnecessary financial hardship in order to keep…
Tips to Help You Reboot Your Retirement Plan Planning for a long and prosperous retirement is no longer just about the money; because of the recession, boomers are needing to reboot their retirement plans. Here are six tips to get you on the right track again: 1. Get healthy. This should take priority even over…
Medi-Cal Planning There are two types of Medi-Cal Planning: Crisis Planning and Pre-Crisis Planning. It’s a good idea to plan before a crisis hits, but it’s never too late! Crisis Planning Crisis Planning deals with an individual who has either been admitted to a nursing home or is about to be placed in a nursing…
The Fiscal Cliff Tax Deal: For Most of Us, It’s a Wash The American Taxpayer Relief Act of 2012 that Congress passed on New Year’s Day extended the Bush era tax cuts, but the benefits of those cuts for most American taxpayers will be offset by a 2% increase in payroll tax. According to the…
What is the Difference Between a Will-based plan and a Trust-based plan? In this article I will explain the difference between a Will-based plan and a Trust-based plan so you can make an educated decision for your family about what is best for you and, ultimately, for them. A Will-based plan is an estate plan…