Day: May 25, 2018
Death Check listDeath Check list
Here is a list of what to do when your loved one passes away. If this is not an emergency situation, sit back, take your time, there is no
The New Estate Tax Exemption 2020The New Estate Tax Exemption 2020
The federal estate tax exemption amount is $11,580,000 for individuals and double that for married couples! This number is projected to fall in 2025 back to $5,490,000. This means that
Domestic Asset Protection TrustDomestic Asset Protection Trust
An alternative to titling your property into an LLC is to title it into a Domestic Asset Protection Trust. Our favorite is the Nevada Self-Settled Spendthrift Trust. The State of
5 ways to give your home away tax-free5 ways to give your home away tax-free
1. Keep it until you die. If your estate is below the unified tax credit, currently $11.4 million in 2019, when you die the property tax basis will be STEPPED UP to
10 Ways to Avoid Capital Gains Tax Legally10 Ways to Avoid Capital Gains Tax Legally
A capital gain is a profit made from selling an asset such as a stock, bond or real estate. The U.S. government taxes capital gains at different rates. Short-term capital
Have you updated your Trust since 2004?Have you updated your Trust since 2004?
DOES THE NAME TERRI SCHIAVO RING A BELL? All of us watched the unfortunate events on the news BACK THEN involving one family’s struggle with the right to die with dignity.
Special NeedsSpecial Needs
Do you have a child, relative or friend that is receiving government benefits? If they receive any type of inheritance this may disqualify that person from receiving government benefits
Getting startedGetting started
We want to help your family avoid court when you die or become incapacitated. You need several estate planning documents to ensure that your assets will not have to go
Do I need a Will or Trust?Do I need a Will or Trust?
What will happen if you have no Will or Trust: If you die without a Will or Living Trust the state will decide what happens to your property through a process