#budgeting Archives - Richard Russell Law

September 2025 Individual Tax Update

September 1, 2025

OBBBA brings sweeping tax changes for 2025—boosting educator deductions, 529 plans, small biz stock, families, gamblers, and overtime earners: OBBBA makes

September 2025 Individual Tax Update

August 2025 Individual Tax Update

August 1, 2025

The OBBBA brings tax savings for seniors, raises the SALT deduction cap in 2025, and changes charitable donation rules starting

August 2025 Individual Tax Update

2025 Federal Income Tax Brackets

January 22, 2025

Taxable income determines your tax bracket. Understand the 2025 federal income tax rates, compare marginal vs. effective tax rates, and

2025 Federal Income Tax Brackets

2025 IRS Standard Mileage Rates

January 16, 2025

Attention business owners! IRS standard mileage rates for 2025 have increased. Find out how to maximize your deductions. The IRS has

2025 IRS Standard Mileage Rates

Boost Your Social Security Benefits: Social Security Fairness Act Explained

January 15, 2025

Social Security benefits are increasing for many Americans. Find out if you’re eligible for increased payments and how to claim

Boost Your Social Security Benefits: Social Security Fairness Act Explained

Roth vs. Traditional IRA: Which One is Right for You?

December 4, 2024

Not sure whether to choose Roth vs. Traditional IRA? This post will explain the differences, including tax savings and withdrawal

Roth vs. Traditional IRA: Which One is Right for You?

ge [tcb_pagination_current_page] of [tcb_pagination_total_pages]

First

Last

Estate Planning for Missouri Families

Business Planning for Start-ups and Entrepreneurs

Wills | Trusts

I will listen to you, answer your questions, explain all your options, and help you make the best decision

Click BOOK NOW to schedule your no-charge phone call and get your questions answered

call now

BOOK now

LEGAL & BUSINESS SERVICES

Powers of Attorney

Who will handle your financial affairs if you can't?

Who will make medical decisions if you are incapacitated?

What medical treatments do you want (and not want)?

last Will & Testament

Who will be the guardian and conservator for your minor children?

Who should inherit your property at your death?

Who will be responsible for settling your estate?

Living Trust

Do you want to avoid the time, expense and publicity of probate?

Do you want to protect your inheritance for your beneficiaries?

Have you funded your trust so as to avoid probate at your death?

Business Plan | LLC

Do you want to protect your personal assets from creditors of the business?

Do you want to protect the business assets from your personal creditors?

Does your business operate in one or more markets or brands?

Estate Planning

Have you or a loved one moved to Missouri in the last year?

Have there been recent changes to your family situation (kids, divorce, etc.)?

Have you made a recent change in your job/career or retired?

Probate

Has a loved one recently passed?

Is it unclear who should inherit specific assets or property?

Did you pay funeral expenses for a loved one?

Are there unpaid medical expenses or credit cards?

You want a plan to make sure your loved ones are taken care of and your affairs are in order but...

you don’t know what is best for your family,

where to start,

or maybe even the right questions to ask,

and how much it will cost.

Which probably makes you feel confused, overwhelmed and maybe even a little powerless.

I look forward to working with you so that you can stop worrying about leaving your loved ones unprepared for one of the most emotional and stressful times in life.

September 2025 Individual Tax Update

August 2025 Individual Tax Update

2025 Federal Income Tax Brackets

2025 IRS Standard Mileage Rates

Roth vs. Traditional IRA: Which One is Right for You?

LEGAL & BUSINESS SERVICES

Subscribe for Email Updates

Contact Us