From Our “Ask a Question” Mailbag: “I recently provided information to a genealogy website. If this website were to identify an unknown child of mine, would this child inherit from me and take away from my other children’s inheritance? How can I protect my family from the possibility of a […]
Category: Estate Planning
From Our “Ask a Question” Mailbag: “I would like to give my children a cash gift this year, but I hear it might be subject to Gift Tax. Is that true? How does the annual Gift Tax exclusion work?” What is Annual Gift Tax Exclusion? In short, the annual gift […]
From Our “Ask a Question” Mailbag: “Last year, I gave each grandchild the 2023 Annual Gift Tax exclusion of $17,000.00. What is the IRS Gift Tax Annual Exclusion for 2024?” IRS Gift Tax Annual Exclusion Rate for 2024. Now that 2023 is in the rearview mirror, it is time to […]
How Divorce Impacts Estate Planning Divorce can be difficult emotionally and financially. One important task to remember during a divorce is ensuring your estate plans are tailored to your new situation. As you consider and plan for your new post-separation life circumstances, do not overlook the future and the inevitable […]
From Our “Ask a Question” Mailbag: My father passed away recently. As far as we knew, he never drafted or signed a Last Will and Testament. My father’s girlfriend and I were going through his home office after his passing. We found a piece of paper that described where he […]
How to pick an Executor is an important question. The Executor “executes” your plan. You may have the best possible Will and Estate Plan, but if the person you put in charge of implementing your system fails to follow your terms, the entire well-thought-out plan can crumble into expensive litigation.
Real Estate Whether buying a home, land, or other property it’s important to understand the problems that could arise from the transaction. While many real estate transactions go smoothly with little-to-no problems there are some real estate deals that don’t fully align. When different issues arise it’s important to know […]
You probably have a reasonably clear understanding of the overall goals of an estate plan. You may also have a vague idea of what a plan includes; however, until you sit down to work on your plan, the essential components of an estate plan remain a mystery. Not surprisingly, this […]
Top Estate Planning Tips in a Time of Coronavirus 2020/21 The Coronavirus pandemic has opened many people’s eyes to how quickly things can change. Many people hold off taking care of their estate because they think nothing bad will happen in the immediate future. They hold off looking for will […]
Business Law Lawyer, Sales-Tax Primer COVID-19 has triggered many brick-and-mortar entities to either strengthen or create their online presence. The turn to the net forces them to address sales tax complexities they didn’t have to contend with when all sales were local. This Sales-Tax Primer guides you. Understanding Sale Tax […]
