by cambridgesourcesites | Jun 22, 2023 | Estate Planning
An overview of some fundamental steps when a loved one passes. When you lose a spouse, partner, or parent, the grief can be overwhelming. In the midst of that grief, life goes on. There are arrangements to be made, things to be taken care of – and in recognition of...
by cambridgesourcesites | Jun 8, 2023 | Estate Planning
Is your estate in order? This short quiz may help you assess your overall strategy. Do you have a will? A will enables you to specify who you want to inherit your property and other assets. A will also enables you to name a guardian for your minor children. Do you...
by cambridgesourcesites | Jun 1, 2023 | Estate Planning
The federal estate tax exemption sunsets in 2025. Learn more about what to do to make the most of the higher threshold. The federal estate tax threshold rose to $25.84 million in 2023 for married couples and $12.92 million for individuals, as part of the Tax Cuts and...
by cambridgesourcesites | Dec 8, 2022 | Estate Planning
Federal estate taxes have been a source of funding for the federal government almost since the U.S. was founded. In 1797, Congress instituted a system of federal stamps that were required on all wills offered for probate when property (land, homes) was transferred...
by cambridgesourcesites | Dec 1, 2022 | Estate Planning, Financial Planning
Did you recently add a second comma to your bank balance? Has a recent financial event raised your net worth to the next level? It’s an exciting time, whether it’s the result of your long-term goals (e.g., from the sale of a business), a windfall transfer...
