Housing God’s Ministers: Parsonage Explained

Rabbis and other clergy are less well compensated than comparable professionals with advanced degrees. Yet, clergy have one advantage over most other professions. A portion of clergy salary can avoid income taxation if deemed parsonage. Preferential treatment for clergy raises some questions. Yet, the tax benefit has withstood the tests of time and lawsuits. Perhaps […]

Trust and Your Adult Children

The most challenging question in estate planning is, “Whom do you trust?” The estate planning process includes the execution of several documents, wills, powers of attorney, and sometimes trusts.  Each requires naming a “fiduciary.” A fiduciary is someone you trust to handle your affairs when you are ill or after death. Who you choose to […]

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