Well this week my kids were plagued by the flu or some virus the brought high fevers and lots of Tylenol! Everyone seems to be on the mend and I am hopeful that we can make it to the end of the school year without another sick day!

Tax season on your mind? 😕In this week’s blog we cover 7 more finance-enhancing tips you can use right now to save on taxes, boost your assets, and show love to the people and charities close to your heart. 💗

The tip I use most is making an extra mortgage payment on your primary home loan, so you can increase your mortgage interest deductions on your tax return. Not only does this reduce your taxable income, but it also accelerates your path to homeownership, saving you money in the long run.

Mondays for Moms: Show Your Love Where It Matters Most

The month of love might be over, but it’s never too late to make loving financial and planning decisions for your loved ones - and yourself! Don't overlook the importance of estate planning in showing love to your family. By finalizing your Will, Revocable Trust, Power of Attorney and Health Care Proxy, you ensure that your wishes are carried out and your loved ones are protected in the event of incapacity or death. It's a vital step towards providing peace of mind for you and your family, allowing you to focus on enjoying life's precious moments together. And remember, a plan is more than a set of documents. It’s a lifetime of wise decisions about your life and legacy. 

Did you know?

Incorporating tax planning tips into your overall estate planning strategy can boost your finances and promote a brighter future for yourself and your loved ones. February offers a perfect opportunity to demonstrate love 💌 not only through romantic gestures but also through practical Estate Planning. 😉That’s because Estate Planning isn’t just about planning for what happens to your money when you die. It’s also about planning for the life you want today and the financial future you want for your family. ☀️

Thank you for the Five Star Review!

“My family and I are so fortunate to have found Melissa. She helped us with estate planning during a difficult time. Melissa is brilliant, informative, and compassionate. She is always willing to answer any questions. The level of expertise, professionalism, and customer service we received was truly outstanding. She is a top-rated lawyer. 5*+.” – Jacqueline Desousa

WEEKLY FAQ: What's an easy way to save on my taxes besides charitable deductions?

Want to save money by doing what you already need to do? 🤔Look to your real estate. 🏘️ Making repairs or extra payments on your residence or rental property has serious tax benefits that can lower your tax liability and raise the value and equity of your property. 🎉 Making an extra mortgage payment (or two) is an easy tax-saving step that will let you deduct more in mortgage interest on your tax return.



Find me on TikTok

Listen @carvajallaw with the following link: https://www.tiktok.com/@carvajallaw?_t=8hJEQ5mjEMd&_r=1 and let me know what you think!

Each day after my morning run (that's right no make-up here), I give you a little tidbit about Estate Planning, Probate and Elder Law matters including Medicaid