Enjoy this article from Daily Mail: “Parents across the UK want to control how the cash they bestow is spent by their children, a new survey suggests.
Read More »Transferring Real Estate without Probate
Many people who wish to have their estate avoid the probate process hit a wall when it comes to real estate. However, there are three widely used ways that real estate can be easily transferred after you pass away that do not involve probate.
Read More »Forbes – Retirement Planning, Estate Planning And Investing: All Struggles
Enjoy this article from Forbes: “Today’s grim financial news: Americans, especially those nearing retirement, are struggling with retirement planning, estate planning and making investment decisions.
Read More »Finding Life Insurance Policies
Often people will let loved ones know that they have life insurance policies, but after the policy holder passes away the beneficiaries have difficulty finding any information about the policies. Tracking down these lost insurance policies is an important step in estate administration.
Read More »Trump proposes move to territorial tax system
STEP provided this article, enjoy: US president Donald Trump is proposing to fundamentally change the US tax system to a territorial regime, in which only US-related profits are taxed.
Read More »SGR Law – The Overturning of DOMA has Broad Tax Implications
This interesting article came from Smith, Gambrell, and Russell, LLP: “In a 5-4 decision issued this past Wednesday, the U.S. Supreme Court ruled that the Defense of Marriage Act (DOMA) is unconstitutional, paving the way for the federal recognition of same-sex marriages. Justice Anthony Kennedy, writing for the majority, said that the act wrote […]
Read More »STEP – Trump’s tax reforms may trigger wave of incorporations
Article courtesy of STEP: “The corporate tax reductions in US president Donald Trump’s tax reform plan could prompt large numbers of US individuals to incorporate, in order to take advantage of the proposed pass-through provisions.
Read More »How Your Trust Can Help a Loved One Who Struggles with Addiction
Substance addiction is by no means rare, impacting as many as one in seven Americans. Because of its prevalence, navigating a loved one’s addiction is actually a relatively common topic in everyday life. But you should also consider it when working on your estate planning. Whether the addiction is alcoholism, drug abuse, or behavioral like gambling, […]
Read More »STEP – IRS rule on undervalued transfers of family businesses would “harm legacy planning”
Interesting Article courtesy of STEP:
Read More »Estate Planning for Young Adults
People in their 20s often do not think that they need to worry about estate planning. They plan to live much longer, so they believe there will be time to get an estate plan later. However, you never know when tragedy can strike, so it is important that 20-somethings get estate plans.
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