Insights

The choice between gifting assets during your lifetime and passing them to heirs through your estate involves more than estate taxes. Georgia Lord, Head of Financial Planning at Corbett Road, explains how cost basis, gifting rules, retirement accounts, and state tax considerations can shape a wealth transfer strategy.

Federal employees have multiple retirement benefits available to them, but the greatest value comes from understanding how those benefits work together. Explore key considerations for coordinating your FERS pension, TSP, Social Security, healthcare, taxes, and estate plan for retirement.

A will is an important part of an estate plan, but it may not control many of your most significant assets, such as retirement accounts, life insurance, and jointly held property. This article explains why reviewing beneficiary designations and creating a more comprehensive estate plan can help ensure your assets are distributed according to your wishes.