There’s a lot to think about when you move. In all the hustle and work of a relocation, certain things can get forgotten. Once you have the utilities on and the boxes unpacked, it’s time to have your estate planning documents reviewed by an attorney in your new home state.
In a world gone increasingly remote, managing your digital assets has become an even more important part of estate planning. From email accounts to digital photos and cloud-based storage, almost everyone owns some kind of digital asset.
The COVID-19 pandemic triggered a rise in estate planning, and yet too many Americans still aren’t planning ahead.
Last spring, news reports were rife with stories of
Tax changes are expected under the new administration. We don’t know how quickly President Joe Biden will move to enact his tax proposals, or whether
One common mistake that we see homeowners make is failing to take advantage of the “Homeowner Exemption” on their annual real estate taxes.
Like any real property, a home is subject to annual real estate taxes that are assessed and collected by local governmental authorities. Homeowner exemptions can
The IRS recently offered settlements to a select number of taxpayers involved in what are known as “micro-captive” insurance schemes. Tax law generally allows businesses
States have started to pass laws giving businesses and health care providers protection against COVID-19-related lawsuits. The goal of these laws is to block businesses from being sued by people who contract the novel coronavirus under certain circumstances and want to claim that a particular business is at fault.
Parents and grandparents often give children and grandchildren financial help to purchase a home or to carry them through hard times. It can be a wonderful, generous gesture with a lasting impact across generations of family members. But it can also create strife and intra-family conflict if parents fail to properly document the transfer as a loan.
Let’s say you’ve known for years that you are inheriting your father’s home when he dies.
Hopefully, you also know that he has a will that indicates clearly that the house will go to you.