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Mockensturm, Ltd. Legal Blog

Sears and Kmart department stores repurposed

The long slow demise of Sears has been painful for those who used to love to look through the famous catalogs. These days the department store chain is perhaps remembered as a brick and mortar precursor to Amazon and other online shopping sites. However, as buying...

Aretha Franklin left no will

The world mourned the loss of Aretha Franklin after her long battle with pancreatic cancer. Despite the fact that she was 76 years old and she knew she had cancer, Franklin left no will for her four children. According to media source, not only does this leave the...

Best to save that home equity for emergencies

Home equity can come in extremely handy for keeping you financially afloat during retirement or long-term illness. However, it should not be regarded as an ATM to be emptied whenever you feel like it. According to the Associated Press, American homeowners are sitting...

New tax laws may mean changes in withholdings

You may remember filing your first 1040-EZ as a teenager with a part-time job. A few easy questions and you were finished except for waiting for your nice refund to arrive. Things are very different now as your life and your employment have become more complicated....

Keeping a great business idea from faltering

You’ve come up with a great business idea and you’ve made the decision to make this idea into a startup. What you do next matters greatly. A great business idea alone is no guarantee that a startup will be successful. There are a variety of things that could cause a...

Multigenerational home buying on the rise

It was recently reported in the New York Times that 64 million Americans live in multigenerational households, which is double the number it was 50 years ago. The reasons for doing this are many, including saving on the cost of care for the young and elderly and the...

3 issues that could lead to probate conflicts

After a loved one passes, you undoubtedly want to make sure that all of his or her final affairs are appropriately settled. If the decedent named you as executor of the estate, you will have many duties to attend to during the probate process. These duties also...

Pass-through tax guidance delayed till end of month

Every tax-paying American knows that new tax laws were passed at the end of 2017. Now businesses defined as limited liability companies (LLC), partnerships and S corporations are reportedly going to be able to pay 20 percent less taxes through a special tax break for...