All articles tagged with #estateplanning
The article outlines various financial changes expected in 2026 due to the One Big, Beautiful Bill Act, including large tax refunds, new deductions for seniors and charitable giving, increased SALT caps, and modifications to gambling and estate laws, alongside potential financial challenges from cuts to social safety net programs and higher costs in areas like energy and student debt management.
An only child, Bee, is considering reaching out to their estranged father's "theoretical" wife due to concerns about future legal complications with inheritance and estate planning. Bee's father has been married but out of contact with his wife for over six years and shows no interest in divorce. Bee is conflicted about whether to get involved or not, seeking advice from Amy on whether to pursue contact with the estranged wife for clarity on the situation. Amy suggests that Bee should first understand the inheritance laws and encourage their father to engage in estate planning before deciding to contact the wife.