Blog Articles and Resources

Vicknair Law Firm

How to Handle Finances after Spouse Dies

How to Handle Finances after Spouse Dies

The death of a spouse is one of the most difficult things imaginable. Besides the emotional toll, surviving spouses typically confront financial issues, which often trigger tax-related questions and consequences. Some of them are fairly straightforward, while others can be tricky.

Read More
How to Prepare for Higher Taxes

How to Prepare for Higher Taxes

President Biden’s proposal to eliminate the step-up for calculating inheritance taxes targets a tactic that has long been a wealth-preservation tool. What are some of the ramifications of the proposal and what, after political wrangling, could be the tax implications for large inherited assets?

Read More
Which Is Better a Traditional IRA or a Roth?

Which Is Better a Traditional IRA or a Roth?

Traditional IRAs have been available to retirement savers who have earned income since 1974. That’s 23 years longer than Roth IRAs (introduced in 1997) have been on the scene. The big difference between these two types of individual retirement savings vehicles is when you pay federal (and possibly state) income tax on your savings.

Read More

Success Stories