The following are articles on various topics of interest.

These are excerpts from Anne’s book “Planning your Financial Future”, or articles published, and clients’ cases (with names altered).

The following are the highlights:

1. Death and Taxes
There are special tax rules when a loved one passed away. This article does not discuss these rules which are not applicable to everyone.
The article focuses on Tax Planning after a loved one has passed.

2. Caring for Aging Parents
The focus of this article is a discussion of the options and tax implications when aging parents, for medical issues, must make lifestyle changes.

3. Start Retirement Planning as Early as Possible
The article focuses on the importance to start Retirement Planning as early as possible. Options are more limited if this is deferred.

4. Medical Related Expenses
Different expenses have different tax treatments, and these can be confusing sometimes.
This article briefly summarizes the various tax categories of some common medical expenses.

5. Tax and Estate Planning Checklist for Seniors
This article lists a “basic” checklist.
A senior’s tax and estate planning should be customized for everyone.

6. Why Tax Planning is Important
The focus of Tax Planning is to minimize the income tax you need to pay.
Different types of income are taxed at different rates. What you don’t know can cost you.

7. Savings for Children’s Education
The cost of education goes up regularly. It’s prudent to start as early as possible. This article discusses tax breaks available.