by Christine | Jan 24, 2012 | Estate Planning, Estate Tax |
Tax changes that President Barack Obama and Congress hammered out in the final days of 2010 discouraged clients from seeking estate-planning advice last year, even though estate lawyers argue there are many planning opportunities that shouldn't be missed. Don’t be...
by Christine | Jan 24, 2012 | Conservatorships, Elder Abuse, Elder Law |
Craig Reaves, past president of the National Academy of Elder Law Attorneys, practices elder law in Kansas City, Mo., and fields occasional questions from New Old Age readers. On the topic of disclosures, a reader inquired about what to do about her family of eight...
by Christine | Jan 20, 2012 | Business Succession Planning, Capital Gains |
There is a pent-up pipeline of owners who have had to put off selling in recent years because of the economy. And now that many of these companies have at least one year of profits on the books, they are more attractive to potential investors. Whether we’re coming out...
by Christine | Jan 19, 2012 | Business Succession Planning |
It has been said that seventy percent (70%) of Americans have done no estate planning. I would suspect this number may be even higher among business owners when it comes to creating an exit or succession plan for their business. If you are a small business...
by Christine | Jan 18, 2012 | Estate Planning, Qualified Personal Residence Trust (QPRT) |
Is there a way to hand off a vacation home to the next generation so that everyone still wants to spend time together there? As we head into the dreary remainder of winter, a few lucky readers and their families might just have a vacation somewhere warm in the works....