by Peter Moustakis | Jan 17, 2023 | 2023 Updates
Update In The Law In 2023 the federal gift, estate and Generation Skipping Transfer tax applicable exclusion amounts will increase to $12.92 million per person ($25.84 million for a married couple). It is important to note that there is a sunset provision on this tax...
by Peter Moustakis | Dec 20, 2022 | Uncategorized
If a person is incapacitated and unable to make medical and financial decisions for themselves, the first thing we look at is whether he or she has a Health Care Proxy or Durable Power of Attorney. If so, then those documents control as to who is in charge on making...
by Peter Moustakis | Oct 18, 2022 | Bankruptcy
All too often people start with a small amount of debt that somehow spirals out of control. Bankruptcy is a tool to help people get out of debt or manage that debt effectively. There are different types of bankruptcy proceedings available and the right type of...
by Peter Moustakis | Sep 16, 2022 | Uncategorized
Now more than ever, financial scammers are targeting seniors through sophisticated ploys. Seniors tend to be targeted because they are often more trusting and compassionate. Here are 4 things for seniors to be on the lookout for: Sweetheart Scams. A popular scan...
by Peter Moustakis | Jul 12, 2022 | Estate Planning
The Qualified Personal Residence Trust (QPRT) is designed to hold title to the client’s principal residence or vacation home, whereby the client gives the property away to his children, but retains the right to use the property for a specified length of time....
