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Let’s talk about something that’s popping up in a lot of client conversations right now—Roth conversions. Maybe you’ve heard the buzz, seen it on financial shows, or read about it online. Maybe a friend told you they were converting their entire IRA this year and saving a fortune on taxes. You’re wondering: “Should I be […]
Why “How Much Is a Will or Financial Plan?” Isn’t the Right First Question If you’re like many of our clients at Quraishi Law & Wealth, you might feel a bit unsure about where to start. Whether it’s your first time working with a law or wealth advisory firm—or you’ve tried one of those online […]
What You Really Need to Know About Estate Planning Before You Travel Let’s face it—planning a family vacation can be a whirlwind. Between booking flights, finding the perfect Airbnb, and making sure the kids don’t forget their swim goggles, there’s a lot to juggle. But one thing most families forget to put on their pre-vacation […]
On April 2, President Trump announced new tariffs on nearly all major trading partners. These tariffs are “reciprocal” in that they correspond to tariffs each country imposes on U.S. goods and are on top of previously announced duties. The average tariff rate across countries is 25%, with rates for some as high as 49%. While […]
Albert Einstein reportedly once told his accountant, “the hardest thing in the world to understand is income taxes.” This observation from the Nobel Prize-winning physicist remains relevant today, as our tax system has only grown more complex in the decades since. This year’s tax deadline on April 15 is approaching, but taxes are more than a once-a-year obligation […]
Deciding how to take a pension is a big financial decision that can significantly impact long-term security. One of the most common questions people ask when they retire is: Should I take my pension as a lump sum or opt for regular payments? This decision isn’t one-size-fits-all. It depends on financial goals, lifestyle needs, and […]
Estate planning can feel overwhelming—complex, time-consuming, and expensive. But what if securing your legacy and protecting your loved ones could be simple? Enter SimpleWill, a streamlined solution from Quraishi Law & Wealth that makes estate planning easy, accessible, and stress-free. What is SimpleWill? SimpleWill is the perfect estate planning option for families and individuals who […]
As the end of the year approaches, it’s the perfect time to revisit your retirement plan. Taking proactive steps now can help you maximize your savings, reduce taxes, and strengthen your financial future. Here are key actions to consider, along with practical advice for each. 1. Review Your Retirement Accounts Start by assessing whether your […]
As the holiday season nears, we often focus on celebrations, gift-giving, and spending time with loved ones. However, it’s also an excellent time to update your estate plan in November. While estate planning might not be your top priority during the holidays, reviewing and updating it now can bring you peace of mind. By taking […]
If you’re an Arkansas, Tennessee or Texas resident, over the age of 55, and have $250,000 or more in a 401(k), IRA or 403(b) account, you could be on the path to paying significantly more in tax than you should be… Free Legal, Financial & Tax Materials to Protect Your Wealth and Loved Ones If […]
Dreaming about retirement often conjures images of relaxation, travel, and pursuing hobbies without the constraints of work. However, to transform those dreams into reality, meticulous planning and budgeting are essential. This blog discusses important steps to achieve financial stability and security in your retirement years. Understanding Retirement Expenses Retirement ushers in a new phase of […]
If you’re a farmer here in Arkansas, there’s a good chance your land has been in the family for generations, and you want to ensure that it is passed down to your children. Among the most common questions Arkansans ask estate planning attorneys is how they can protect their property if they have to go […]
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