If you recently filed for divorce, you may feel overwhelmed with the daunting process that lies ahead. One of the most difficult topics to negotiate is property division. Deciding who is entitled to what in the settlement can bring about strong emotions. Yet, it is...
Can a generation-skipping trust best protect your family’s wealth?
One of the main goals of your estate plan likely is to pass wealth to your children and grandchildren in the most efficient and tax-advantageous ways. Often you can do this by establishing trusts for your children. They later establish trusts for their children, and...
What are the top estate planning mistakes?
Estate plans are unique to every person. As you age and as you collect more assets, it is crucial that you have an end of life plan. Without one, your family members could wind up in probate or quarreling over what your wishes were. A plan provides your family with a...
What You Need to Know about Paying Yourself as a Single-Member LLC
You are a new business owner and have decided to organize your business as a limited liability company (LLC). You are its sole owner and work for the company. How do you pay yourself? Are there guidelines regarding how often and how much you are entitled to? How do...
