Coastal Waves

News & Articles

June 25, 2018

  • The limit on deductible mortgage debt is reduced to $750,000.00

  • The standard deduction for single and joint filers has doubled

  • Personal exemptions are eliminated

  • Effective tax rates have dropped for the majority of Americans 

June 21, 2018

With a "regular" life estate deed, the owner of the real estate makes a gift of the property to beneficiaries, called remaindermen. He can't mortgage or sell the property during his lifetime without the permission and "joinder" of the remaindermen. Joinder means that t...

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