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Key 2025 Biden Budget Tax Reforms Impacting Your Estate Planning

Key 2025 Biden Budget Tax Reforms Impacting Your Estate Planning

by Jiah Kim | May 31, 2024 | Estate Planning | 0 comments

• Assessing the likelihood of the tax reforms becoming law and why you should pay attention now • Key Proposed Tax Changes     – Corporate and Individual tax rates go up.     – Capital gains will be taxed as ordinary income.     – Capital Gains Will...
The Essential Guide to Cross-Border Estate Planning for US Expats Living in Spain

The Essential Guide to Cross-Border Estate Planning for US Expats Living in Spain

by Jiah Kim | May 9, 2024 | Estate Planning | 0 comments

• Understanding Spanish Inheritance Laws • How can I prepare for incapacity under Spanish laws? • How can I prepare for inheritance distribution of Spanish assets under Spanish laws?     – Forced Heirship in Spain     – Can I bypass forced heirship by...
Is My Bank Account in Revocable or Irrevocable Trust Insured By FDIC?

Is My Bank Account in Revocable or Irrevocable Trust Insured By FDIC?

by Jiah Kim | Apr 13, 2023 | Estate Planning | 1 comment

Introduction The shocking failures of Silicon Valley Bank and Signature Bank highlighted the need of protecting one’s hard-earned money. The Federal Deposit Insurance Corporation (FDIC) provides depositors with a safety net by insuring their funds if their banks...
10 Things You Have To Consider When Planning Your Retirement

10 Things You Have To Consider When Planning Your Retirement

by Jiah Kim | Feb 26, 2023 | Estate Planning | 0 comments

Planning your retirement is not just about saving money. It’s important to think about how retiring will affect different parts of your life. Having a clear idea of what you want your retirement to be like can help you reach both your financial and non-financial...
A Guide to Long-Term Care: Everything You Need to Know

A Guide to Long-Term Care: Everything You Need to Know

by Jiah Kim | Apr 21, 2022 | Estate Planning | 0 comments

As we age, planning for our health and well-being becomes increasingly important. For many people, this means thinking about the possibility of needing long-term care at some point in the future. Long-term care can provide valuable support to help you maintain your...
Power of Attorney New York

Power of Attorney New York

by Jiah Kim | Apr 20, 2022 | Estate Planning, Guardianship, International Business | 0 comments

New York recently (June 13, 2021) reformed its power of attorney forms. The changes were made to simplify the power of attorney form. The reforms also provide safe-harbor provisions for good-faith acceptance of an acknowledged POA (Power of Assistance). The department...
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