Estate & Wealth Transfer Planning Insights

Deciding whether to make lifetime gifts or bequests at death can be a deceptively complex question | estate planning cpa in washington dc | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Deciding whether to make lifetime gifts or bequests at death can be a deceptively complex question

One of your primary estate planning goals may be to pass as much of your wealth to your family as possible. That means sheltering your estate…
What’s the difference between a springing and a nonspringing power of attorney? | estate planning cpa in alexandria va | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

What’s the difference between a springing and a nonspringing power of attorney?

Estate planning typically focuses on what happens to your children and your assets when you die. But it’s equally important (some might say…
Understand your spouse’s inheritance rights if you’re getting remarried | tax accountant in baltimore county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Understand your spouse’s inheritance rights if you’re getting remarried

If you’re taking a second trip down the aisle, you may have different expectations than you did when you got married the first time — especially…
Annual gift tax exclusion amount increases for 2023 | accountant in baltimore county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Annual gift tax exclusion amount increases for 2023

Did you know that one of the most effective estate-tax-saving techniques is also one of the simplest and most convenient? By making maximum use…
Life insurance still plays an important role in estate planning | estate planning cpa in baltimore md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Life insurance still plays an important role in estate planning

Because the federal gift and estate tax exemption amount currently is $12.06 million, fewer people need life insurance to provide their families…
Don’t forget income taxes when planning your estate | estate planning cpa in elkton md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Don’t forget income taxes when planning your estate

As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to be concerned with federal estate…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
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One long-held rule in the nonprofit sector says that fundraising events shouldn’t cost more than 30% of their net proceeds. Here’s how to limit expenses and make your gala as profitable as possible. https://bit.ly/48ysxF3

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Health Savings Accounts offer several valuable tax benefits. But you can contribute to one only if you have a high-deductible health plan. https://bit.ly/4ruKNIa