Comprehensive Tax & Legal Solutions
A revocable living trust can be an excellent estate planning tool, as it allows you to continue benefiting from the assets held in your trust. For example, you can use or spend these assets however you like by naming yourself as a trustee. A living trust also empowers...
Are you considering making an estate plan? An estate plan can help direct how your assets are handled after your passing. Before you make an estate plan, it can help to learn what you should include: 1. A will The most basic document of an estate plan is the will. A...
Being audited by the Internal Revenue Service (IRS) can feel overwhelming. However, you may not need to be worried, as the department may select you for an audit randomly or when your returns involve issues or transactions with other taxpayers, such as your business...
When you have worked hard your entire life and accumulated a considerable amount of wealth, you want to be certain that your hard-earned assets will pass down to the people and causes you care about when you die. This is the essence of creating a will. With a properly...
When people are facing an outstanding tax bill, they sometimes worry that they simply have no way to pay it. It’s beyond their means, and they don’t expect that they’ll ever have the money to pay what is due. They want to look into other options. They don’t want this...
The goal of estate planning is typically to control what will happen with one's property after their death and also to maximize what someone provides for their loved ones during that difficult time. There are multiple issues that can diminish what someone leaves for...
Times are tough in a lot of different industries right now, and quite a few businesses are struggling with their finances – including their quarterly tax obligations. What happens if you don’t pay? Typically, the Internal Revenue Service (IRS) is not known to be...
What is standing between you and the creation of your estate plan? For many people, it’s their heirs and/or the lifestyles of these potential beneficiaries. You love all your children and grandchildren equally, of course. But there may be no denying that one or more...
Taxes are often the last thing on someone's mind when they’re thinking about their future death. Family members who have recently lost someone also focus more on their emotional responses and the practical consequences of losing a loved one rather than the possible...
Life is an intricate tapestry woven with unpredictable threads. Illnesses can strike unexpectedly, accidents can happen, and circumstances can change in the blink of an eye. You may be healthy in one moment and incapacitated in the next. It is why you need to have a...