living will

What Is a Living Will?

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A living will sounds very similar to a last will and testament, but it serves a different purpose. Your living will puts into writing what steps you want your doctors to…

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What Is a Power of Attorney?

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A power of attorney is a legal document that gives a person the authority to act on another’s behalf. Because life events can spur the need for a power of attorney for…

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what-qualifies-as-nontaxable-income

What Qualifies as Nontaxable Income?

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What does the IRS tax? Just about everything. The Internal Revenue Code defines taxable income as gross income minus deductions. And gross income, federal law says, “means all income from…

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