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Effects of the New Tax Law on Estate Planning

by Michael P. Witzke,  Attorney At Law, McDonald Hopkins The new law takes effect for tax years beginning after 2017 and most provisions dealing with individual tax reform and transfer taxes are effective for taxable years 2018 – 2025. The Basic Exclusion Amount doubled from 5 million to 10 million (indexed for infla

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Southernmost Hospitality

  Sick and tired of the cold weather? Are you looking for sun, waves, and warm temperatures? Do you own an RV? If you answered yes to all of the above, then check out the following location! Voted one of America’s Top Ten RV Parks to visit by the Travel Channel, Boyd’s Key West Campground features oceanfront campsites, a heated swimming pool, beach area, a marina, 24-hour security, & free wireless internet. Located just a few miles from the fun on Duvall Street and downtown Key West, it i

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Unusual & Free RV Parking Spots

Did you know that some small towns offer a free one-night stay in their city-sponsored park or campground? This is done to encourage tourists to visit their business district with the hope that they will spend money during their stay. Another option that might surprise you are casinos. As long as you are a patron, many casinos welcome RVs with open arms! Some large retailers such as Walmart, Kmart, supermarkets, and some malls and restaurants may provide free RV pa

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Challenges of Full-Time RV Living

  If you’re contemplating an RV lifestyle, you should know what to expect. It will not all be fun and games! By knowing what to anticipate and how others have dealt with similar situations, you will be able to recognize your concerns and fears as normal. Here are some challenges of full-time RV living that you may not have considered: Maintenance: There is no sending the RV to the shop for days to get fixed or havin

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RV Retirement: Living the Dream

  Many empty-nesters hit the road in their own little home on wheels. Some sell the “family home” and invest in adventure, spending their golden years exploring and discovering new places one road at a time. Since RV retirement is relatively inexpensive, “Living the Dream” has become a reality for thousands of people who choose to spend at least

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Cruise Ship Retirement: Is It Right For You?

Some retirees opt for luxury cruise ship living on a semi full-time basis, with unlimited food prepared for them, maid service, entertainment venues, exercise options, access to health care and the ability to see the world. Between sailing stints, they often stay with family or friends, rent a short-term apartment or a long-term hotel room. Although this might be an appealing alternative to traditional retirement, it is not right for everyone. To

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How to Make a Transition Smoother

Moving is always a bit of hassle, specially if you haven’t moved in awhile. When the decision to downsize is made, most are moving for first time in many years. While the process is strenuous, here are few tips to make it hassle free! Senior Moving Manager According to the National Association of Senior Move Managers (NASMM.org), members are “individuals who assist older adults and th

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Getting on the Same Page for Downsizing

It’s time to downsize and making the tough decisions on where your next chapter is going to be can be taxing. It’s even more taxing when you and your spouse aren’t on the same page for what to do next. Does you spouse want to live within the city, while you want something more suburban? Or do you want to live within the city? Disagreeing on just how much downsizing you want to do? Here are a few tips to help you and your partner to get on the same page! Be Honest About Your Fears an

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Top 10 Rightsizing Tips

Start with the easy stuff. Eliminate anything that’s broken, damaged, or no longer wanted. Then, go to the out-of-the-way spaces like attics, crawlspaces, and garages. Making progress in “easier” areas will build momentum to go through the harder-to-decide areas. Ask yourself, “If this disappeared tomorrow, would I run out and replace it?” If you wouldn’t miss it or need to replace it, it’s probably not worth keeping.

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The 8 Most Affordable Places to Retire Abroad

Do you dream of discovering new cities and countries for you retirement? Americans are choosing to retire abroad for their dream retirement destination. Choosing the perfect city and country can be tricky, here is a list of the top cities seniors are currently living in. Let your wanderlust go wild! 8. Spain Acclaimed for amazing food and weather, Spain has become a popular choice due to affordability. A few benefits of the beautiful country are low cost of living, better value for propert

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