Rather than looking at where we are and seeing how many things are wrong (which, of course, is a totally reasonable choice - many things ARE wrong), let's instead look at where we are and see how incredibly far we have come... if only for a moment.
This is a detailed issue that pushes you in one direction while pulling in another at the same time. Depending what you choose, you may maintain low property taxes, but sacrifice stepped-up basis. Or, you may keep your stepped-up basis, but your family would lose the low-assessed value for property tax purposes.
The coronavirus is still very much with us, as is much of the economic dislocation occasioned by the virus and accompanying lockdowns. We are closing in rapidly on a number of vaccines. But it may be quite some time before most of us will have access to them, and there will inevitably be frustration in the process.
The first six months of 2020 saw the advent of the worst global public health crisis in a century. In response, the world locked down, putting its economy into a kind of medically-induced coma.
Mindful Money remains committed to our community and supporting causes closest to our hearts. We are always looking for ways to do more.
This is not a market forecast. We are planners, not prognosticators. It is simply an invitation, as we look forward to 2020, to see the cloud over the market… but to also its silver lining.