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Inheritance

Plan Ahead To Leave a Lasting Legacy 

Submitted by Desmond Wealth Management, Inc. on June 11th, 2023

In the unfortunate event that you should pass away without an estate plan (or at the very least, a will) in place, several potentially distressing things can happen. Not only can it cause a lot of unnecessary stress during the grieving process, but it also requires a major time and financial commitment from your loved ones as well.

Tags:
  • Estate Planning
  • Family
  • Family Wealth
  • Financial Planning
  • Inheritance
  • Read more

Tax and Personal Finance Tips for New Parents

Submitted by Desmond Wealth Management, Inc. on May 11th, 2023

Expanding your family? Whether you’re in the planning stages or your bundle of joy has already arrived, raising a child is one of life’s greatest joys — and biggest expenses — and we're not just talking about the costs of college.

Tags:
  • 529 Plans
  • Children
  • Education Funding
  • Emergency Fund
  • Estate Planning
  • Family
  • Financial Planning
  • Inheritance
  • Power of Attorney
  • Savings
  • Tax Credit
  • Tax Deductions
  • Read more

Commonly Asked Tax Questions

Submitted by Desmond Wealth Management, Inc. on May 1st, 2023

Those dealing with income taxes only once a year when involved with their own personal tax return often have questions related to tax terminology. The following is a compilation of questions frequently asked by individuals:

 

What is Filing Status?

Tags:
  • Disaster Tax Relief
  • Gift Tax
  • Inheritance
  • Retirement
  • RMD
  • SALT (State and Local Taxes)
  • Tax Credit
  • Tax Deductions
  • Tax Law
  • Tax Reductions
  • tax return
  • Traditional IRA
  • Read more
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