by Christine | Feb 20, 2015 | Asset Protection, Estate Planning, Estate Tax, Income Tax, Power of Attorney, Tax Planning |
Actually, the answer is yes. The Tax Court is an actual federal court and not, as some people think, affiliated with the IRS. At Tax Court, the IRS is a party to the matter just like the taxpayer. If you’ve got beef with the IRS, maybe you should head to court....
by Christine | Feb 18, 2015 | Asset Protection, Blended Families, Estate Planning, Estates, Living Trust, Turnover |
Blended families without a proper estate plan for wealth transfer could run into additional obstacles not observed by traditional families. For example, state inheritance rules, intestate laws, and conflicts in beneficiary designations could be inconsistent with the...
by Christine | Feb 17, 2015 | Asset Protection, College Planning, Estate Planning, Roth IRA, Tax Planning |
There are three basic tax advantaged vehicles to help save for college: 529 plans, Coverdall Education Savings Accounts and Roth IRAs. Saving for college? Consider three tax advantaged tools to help fund your child’s or grandchild’s education: 529 plans, Coverdall...
by Christine | Feb 13, 2015 | Asset Protection, Elder Law, Estate Planning, Estate Tax, Estates, Individual Retirement Accounts (IRA), Living Trust, Retirement Planning, Tax Planning, Turnover, Wills |
Here are money tasks to do this week that will help 2015 be more prosperous. Most can be done in about an hour. As reported in a Chicago News Service article titled “Got an hour? Tackle these money tasks,” a recent survey from the National Endowment for Financial...
by Christine | Feb 11, 2015 | Asset Protection, Business Succession Planning, Elder Law, Estate Planning, Probate, Retirement Planning, Tax Planning, Trusts, Wills |
Many business owners fear losing control. Before they’re willing to address exit or estate planning options, they must first be assured of complete dominion over their business. So let’s look at how to lock in ownership Are you worried about losing control of your...
by Christine | Feb 5, 2015 | Asset Protection, Blended Families, Elder Law, Estate Planning, Retirement Planning, Tax Planning, Trusts |
Couples planning to blend families often have to make financial arrangements that respect previous relationships with ex-spouses and their families. Issues range from childcare and eldercare to potentially complex matters involving businesses, investment assets and...
