Smart Money Questions
2021-01
Episodes
Thursday Jan 21, 2021
Thursday Jan 21, 2021
When making your legacy and estate plan, it’s crucial to know how taxes will affect that plan. Matt explains why you want to be careful and shares some real-life examples.
Read more and get additional financial resources here: https://wp.me/p9B077-MD
What we discuss on this episode:
2:28 – Charities and individuals
6:00 – How much money should go to each?
9:50 – Moving to a new state
13:46 – Additional properties
16:35 – Question: What is a reasonable amount to leave as a legacy?
Thursday Jan 07, 2021
Thursday Jan 07, 2021
At the end of 2020, Congress passed a $900 billion Covid relief package. We’ll go over some highlights and what you should understand moving forward.
Read more and get additional financial resources here: https://wp.me/p9B077-Mu
What we discuss on this episode:
2:56 - $600 payments
6:51 – PPP loans
8:19 – Unemployment
9:08 – Social Security
10:54 – Qualifying medical expenses
13:05 – Charitable contribution benefits
14:40 – Meal expense deductions
15:32 – Student loans
16:58 – Flexible spending account
18:08 – What’s not in the stimulus package
19:35 – More on student loans