Things you should Know About Gifts and Reporting to The IRS
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | June 1, 2022 | Estate Planning
Most gifts are not subject to federal income tax and do not need to be reported to the Internal Revenue Service as income. For instance, you can give a gift to your wife or make a philanthropic donation to a charity without their being subject to the gift tax. (In fact, charitable donations are often tax-deductible.)
Congratulations On Your Recent Graduate; Now Get Designated As Your Child’s Decision Maker
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | May 18, 2022 | Estate Planning
If you have a high school senior in your home, you know things are about to change. Most parents are so used to being able to make financial decisions for their child, access their child’s physician or health records that they don’t even think about how that changes once the child turns 18. You’ll want to be designated as your child’s agent
Austin A. Frye In The News
On behalf of Law Offices of Frye & Vazquez, P.L. | May 12, 2022 | Asset Protection
Austin A. Frye was interviewed for a MarketWatch article discussing the value of cohabitation agreements for unmarried partners. Read the full article here.
