Funeral Pre-Planning Can Be Tricky But It Can Also Be A Wiser Choice Rather Than Waiting Imagine there was only one food store in town. The only time you were allowed to shop there is two days after you ate your last bit of food. Think the store owner could sell you anything he wanted…
Our New Arizona Tax Program Is Designed With One Goal: To SAVE TAXES Every Year! Ever had your CPA call in the middle of the year and say, “Hey, I have a really good idea on how you can save taxes next year.” We know most people don’t get that phone call. And that’s a problem…
Are You Now Or Do You Expect To Help An Elderly Parent Or Relative Manage His Or Her Finances? Have you been given a power of attorney? If you answered yes to any of these questions, you have both legal and ethical obligations in your role as a fiduciary. What are they? As A Fiduciary,…
Getting A Valuation Adjustment For Certain Family Owned Businesses Has Been A Critical Planning Strategy In Avoiding An Estate Tax After Someone’s Death Well…the IRS is proposing to eliminate that strategy. Just yesterday, in the Federal Register, the IRS proposed new regulations that would all but eliminate valuation adjustments. This would apply to business entities,…
Divorce Is Never A Happy Subject The emotional impact on a family can take months or even years to heal. Another pain that many do not learn about until it is too late is the potentially dangerous effect of divorce on retirement plans and future problems. Folks over 50 who divorce often experience a loss…
What Is A Guardianship? It is no surprise that the older we get, the greater our chances of becoming mentally or physically incapacitated. Yikes. Not a happy subject, it can be a big problem. A guardianship can be the result of becoming incapacitated. They can be extremely expensive as well as heartbreaking for your family,…
Most living trusts are broken from the start. Creating a living trust is the right first step, but if you don’t have a system to keep it up to date for the rest of your life, is it really any good to your family? Typical firms treat wills and trusts like a once and done…
When Folks Come In To Have Their Estate Plan Completed, A Living Trust Is A Tool We Use With Nearly Every Homeowner Sometimes, despite the fact that we have filed all of the necessary government paperwork, the Assessor’s Office continues to list a home under the original names. Why? There are two possible reasons for…
Every Parent Sets Out To Be Sure Their Children Understand The World Of Finances & How To Manage Them The truth is, MANY times these efforts just don’t stick. Even more frightening, is that besides being unwise in handling money, sadly there are often tragic situations where substance abuse, mental problems or partners involved and…
Could Your House Be Demolished While You Lie In The Hospital & What Is A Personal Lawyer? Picture this: you are a senior citizen and you enjoy traveling to Florida. You are visiting and get sick while you are there and are required to be in the hospital for two months. While you are away,…