Part 2 of yesterday’s STEP article:
Read More »How a Community Property Trust Could Save You From Heavy Taxation Down the Road
When it comes to your family’s legacy, every dollar you can save from tax collection counts. One way to keep your assets out of the hands of the IRS is the formation of community property trusts. How does a community property trust (CPT) work? CPTs save you money on taxes by adjusting or “stepping up” […]
Read More »STEP – Ontario copies BC in taxing foreign property-buyers
Enjoy this article courtesy of STEP:
Read More »Are You Familiar With Community Property Trusts?
An essential part of Estate Planning for married couples in California involving understanding basis. Basis: Typically, this is what you paid for an asset, although it can sometimes be different for property that was given to you as a gift, rental property, or small business interests such as S Corporations or partnerships. Regardless of […]
Read More »STEP – UK publishes detailed plans for public register of foreign ownership of property
Enjoy this article courtesy of STEP: “The UK government has published its plans for a public register of the beneficial owners of UK properties held by overseas entities.
Read More »The Truth About Personal Risk Management, Part 1: Insurance
Personal risk management is being aware of the risks in your home and in your life, and then planning how to handle those risks. Insurance plays a big part in managing risk. Most people don’t like paying insurance premiums, but when something happens and the insurance pays for a covered expense, they are relieved they […]
Read More »Understanding Losses: Property
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. However, if property has appreciated and there isn’t sufficient insurance for replacement value, any losses must be paid out of pocket. To protect your wealth from these kinds of losses, it is important to determine replacement values so […]
Read More »Adjusting Conservation Easements
In the U.S. 40 million acres of land are subject to conservation easements. It can be difficult for heirs and other property owners to make adjustments to these easements.
Read More »