This Veterans Day Weekend


This Veterans Day weekend, we pay tribute to the sacrifices of the brave men and women who have fought so valiantly to keep our nation free. If you have a moment, check out this wonderful Veterans Day article written by Ray Starrman.

ABLE Savings Accounts for Individuals with Disabilities


Patterned after 529 college savings plans, ABLE savings accounts are tax-advantaged state savings plans for individuals with disabilities. They are being created as a result of the passage of the Stephen Beck Jr., Achieving a Better Life Experience Act of 2014. ABLE accounts can be used for “qualified disability expenses” – any expense related to the designated beneficiary […]

How the Proposed Tax Law Changes Will Impact Estate Law and Your Estate Planning


The newly proposed tax laws would impact estate law (and therefore estate planning) in the following ways: Basis Step-Up Stays The proposed tax bill currently keeps the “basis step-up” rule.  Under current law (and the proposed tax law), the tax basis of an asset held until death is readjusted to fair market value, permitting heirs […]

Fine Tuning Your Estate Plan: The Importance of Keep Your Estate Documents Updated


At Altman & Associates, we want you to view estate planning as a process, not a product.  The hardest part of the process for most people is simply getting started.  However, in the days, months and years following your first completed estate plan, the inevitability of change (with respect to both life and laws) makes for another critical part […]

“I have an estate plan, but I think it needs to be updated.”


At Altman & Associates, we want you to view estate planning as a process, not a product.  The hardest part of the process for most people is simply getting started.  However, in the days, months and years following your first completed estate plan, the inevitability of change (with respect to both life and laws) makes for another critical part […]

“I’ve got a family, but haven’t done any estate planning.”


These days, starting a family is often done in tandem with continuing education, career moves, paying off debt, buying homes, investing money, helping parents, and more. In the midst of all of these major life events, estate planning often gets put on the back burner.  Often people think that they are too young and healthy […]

The Newly Proposed Tax Bill


Yesterday, the long awaited tax reform legislation was introduced in Congress. While there is a long way to go before anything is passed, and everything mentioned below may change, here are some provisions that may impact many individuals: You will no longer be able to deduct local or state income taxes, medicals expenses and miscellaneous deductions. […]