Modern Wealth Solutions

Martin Luther King Jr. believed that everyone can be great because everyone can serve.

On this MLK Day, we honor his legacy by recommitting ourselves to service, compassion, and making a meaningful difference in the lives of others—one family, one community at a time.

Let’s continue striving to build a more just and hopeful future together.

Wishing you a very happy New Year!

Six things you may not know about state estate taxes
Did you know that depending on where you live, you may be subject to state-level estate or inheritance tax? Read this article to learn six surprising facts about state estate taxes and how they could impact your financial future. New York Life Insurance Company, its agents and employees do not provide tax, legal or accounting advice.
https://bit.ly/46LfQFY

This Eye on Washington article reviews the major provisions of the recent “One Big Beautiful Bill” legislation, which largely extends (on a permanent basis) the income tax provisions of the TCJA, including income tax rates, the Section 199A QBI deduction, and the higher estate and gift exemption (scheduled to go to $15 million per person in 2026). The bill also adds new items, including tweaks to charitable planning and revived business deductions that may be of interest to you. Read the full article for more details and important disclosures.
https://bit.ly/3W23GDI