Searching for Lower Taxes? Check State Laws
September 23, 2020
Some states are great to live in, but not so great to die in.
State Laws Have an Impact on Your Estate
September 15, 2020
I am a resident of Florida. I would like to leave my condo in Florida to my friend’s daughter, who I consider my stepdaughter, after my death. She is a resident of New Jersey and they would use the condo as a vacation home. Will she be considered my daughter for tax purposes, and which state’s tax laws will count?
Which Stars Made the Biggest Estate Planning Blunders?
August 27, 2020
The saying goes that anyone who does not learn from mistakes in the past, is doomed to repeat them. In estate planning, if you do not learn from other’s mistakes, you are likely to repeat them.
Take Advantage of Tax Laws Now
August 21, 2020
If you like the way the laws are today, you need to take advantage of them now, before they are changed tomorrow. In other words, use it or lose it.
Should I Create an LLC for Estate Planning?
July 29, 2020
Somewhere between a corporation and a partnership lies the limited liability company (LLC). This hybrid legal entity is beneficial not just for small-business owners but is also a powerful tool for estate planning.
Should I Give My Kid the House Now or Leave It to Him in My Will?
July 10, 2020
Adding an adult child to your house deed, or giving them the home outright, might seem like a smart thing to do. It usually isn’t.