How marital property is owned has implications for both estate and tax planning. In most States, spouses can purchase and own property separately from one another. However, in certain States – called community property States – if one spouse purchases property, it is considered the Continue reading
In many cases, a spouse’s death becomes a deciding factor whether or when to sell your house. But before listing it on the market, here are some tax considerations that you should take into account when making that decision.
What is Capital Gains Tax?
The biggest concern when selling Continue reading
Not all inheritances your children will receive from your estate have to be equal because, let’s face it, equal isn’t always fair.
While it is natural for parents to want to treat their children equally in their Estate Plan, there are some circumstances in which a parent might want Continue reading
Sports fans with season tickets may want their families to enjoy the tickets after they are gone, but passing on these tickets may not be simple.
Getting season tickets to your favorite sport is not always an easy task. Season tickets for some teams can cost a lot of money and require Continue reading
The executor’s job of an estate can be a time-consuming job, depending on the size and complexity of the estate. While a simple estate can take a few months and not require a huge time commitment, if there are problems, the job can drag on for years.
An executor is the person responsible Continue reading